XRP's Support Tightrope: Holding On for Dear Life at $1.30 While Institutions Ghost the Party

Ripple (XRP) is clinging to $1.30 like a lifeline on Tuesday, marking three consecutive days of losses as war-driven market sentiment keeps the pressure on. The remittance token is wrestling with overhead pressure as both institutional and retail demand continue to narrow, leaving XRP hovering near make-or-break support levels.

Institutional interest in XRP investment products has taken a noticeable hit lately, with capital flowing out of ETFs and derivatives. US-listed XRP spot ETFs saw outflows of roughly $2.3 million on Monday, following muted activity last Thursday and Friday. Cumulative inflows sit at $1.21 billion, with net assets under management averaging $929 million, per SoSoValue data.

If risk appetite doesn't pick up and the capital exodus continues, any meaningful price recovery for XRP could remain a distant dream in the near to medium term.

Retail sentiment isn't faring any better. Open Interest (OI) averaged $2.54 billion on Monday and Tuesday, representing the total value of outstanding futures and options contracts. That's a far cry from the record $10.94 billion OI in July, when XRP was hitting its all-time high of $3.66. The sharp drop-off has dampened retail enthusiasm and signals traders aren't exactly rushing to take on more risk.

On the technical front, XRP is slipping at $1.31 within a short-term bearish trend. Daily closes remain well below the 50-day, 100-day, and 200-day Exponential Moving averages, clustered between $1.45 and $1.88, keeping the broader trend under pressure. The MACD indicator continues sliding below the signal line as red histogram bars expand on the daily chart, pointing to strengthening bearish momentum. The RSI sits at 37 on the same chart, staying below the 50 midline and reinforcing a downside-tilted tone rather than oversold exhaustion.

Immediate resistance emerges at $1.36, where recent minor rebounds stalled. Stronger resistance sits at $1.40, then $1.45—the latter aligning with the 50-day EMA. On the downside, immediate support is at $1.30, where the latest breakdown occurred and intraday buyers have attempted to stabilize price action. A decisive close below $1.30 would open the path toward $1.25 and then $1.22, exposing a broader corrective move if bearish momentum persists.