XRP Near $1 as ETF Demand Fades-Why the Bid Is No Longer Enough

XRP at $1.08: why the $1 level matters now

XRP is testing a visible line. At $1.08, down 5.48% across seven days, the token is pressing close to the psychological $1 level as other sources of demand stay soft.

The setup is straightforward. XRP was trading near $1.08 with roughly $836 million in trading volume and a market value near $67.36 billion. The clearest recent support also weakened: ETF outflows ended a nine-week inflow streak. That does not automatically mean a breakdown, but it does remove one of the main reasons buyers had for defending the level.

Bulls can still point to the prior week's $14.9 million in net inflows and argue that one weak period is not enough to call a trend break. That is reasonable. But price has not yet rewarded that view. XRP is still struggling around the $1.08 to $1.10 area, where recent upside attempts have been rejected.

ETF inflows alone have not been enough to force a breakout

The inflow story improved, but price did not follow

After $14.9 million in net inflows following $8.2 million the week before, the bullish case looked stronger. Cumulative inflows reached $1.5 billion, which made the ETF bid look more durable than a short-lived spike in demand.

But steady buying is not the same as a price catalyst. Even with seven consecutive weeks of net inflows and cumulative institutional demand to $1.35Bn, XRP remained near $1.10 and still had not broken out. The market is sending a clear message: the ETF bid has helped support the asset, but it has not been strong enough on its own to drive a clean upside move.

Weak leverage and sentiment are still holding the rally back

The same sources that supported the earlier optimism are now less helpful. Open Interest (OI) is down by 4.6% in the last 24 hours and now stands at $2.3 billion, and it remains well below $2.8 billion in late July. Sentiment is also still in "Fear" territory.

That matters because ETF demand can provide support, but stronger rallies usually need broader participation as well: more leverage, more positioning, and more traders willing to buy strength. Right now, that extra fuel is missing.

What would confirm a break of $1 - and what would invalidate the bearish view

The support ladder to watch

• $1.01: XRP had previously recovered from an early July low near $1.01. A hold there would suggest the recent bounce framework is still intact.
• $1.00: The round number is the clearest test of whether buyers can stabilize the market. If support fails here, the recent ETF bid looks more like a cushion than a launchpad.
• $0.95: If $1 breaks decisively, this becomes the next obvious downside reference point.

The level that changes the picture

The bullish case improves only if XRP reclaims the $1.08 to $1.10 area and then holds it as support. Recent price action shows sellers still have control above that zone: XRP briefly challenged resistance around $1.20, was rejected, and then drifted back toward the low-$1 range.

So the key question is not whether ETF inflows exist. It is whether they can combine with stronger spot participation and rebuilding leverage to turn resistance into a new floor. Until that happens, the cautious view stays in play.