XRP price briefly climbed to $1.10 before easing back as steady ETF inflows and Aviva Investors’ tokenized fund launch on the XRP Ledger have continued to support buying interest despite persistent technical resistance.
According to SoSoValue data, US spot XRP exchange-traded funds recorded $584,000 in net inflows on July 29, ending a three-day streak of daily outflows.
The latest inflow kept the products in positive territory for a third straight week, although the daily figure remained modest compared with XRP’s roughly $1.26 billion in spot trading volume.
Institutional adoption has also received a boost from Aviva Investors, the UK asset manager overseeing about $350 billion in assets.
The company plans to launch a tokenized share class of its USD Liquidity Fund on the XRP Ledger for eligible investors using crypto wallets, extending the network’s use beyond payments and digital asset transfers.
Approved by the Central Bank of Ireland, the fund offers regulated exposure to short-term US dollar debt instruments on public blockchain infrastructure.
Tokenization infrastructure is being provided by Securitize/Licuido, while Komainu will handle digital asset custody alongside traditional custody support from BNY Mellon.
The rollout followed the activation of the fixCleanup3_2_0 amendment on the XRP Ledger on July 29.
The institutional developments briefly lifted XRP to the $1.10 level before sellers emerged.
Market participants also continued to watch the regulatory backdrop in the United States, where uncertainty surrounding the Digital Asset Market Clarity (CLARITY) Act remains unresolved after the legislation was pushed back until September.
Any additional delays could keep regulatory concerns in focus for institutional investors seeking digital asset exposure.
Meanwhile, spot XRP ETFs have recently seen an influx in demand, with roughly $6 million in net inflows recorded on July 30.
The figure marked a notable increase from the previous session during which a little over $584,000 in inflows were recorded.
Despite that support, traders used the latest rally to secure profits around resistance instead of extending the breakout.
XRP price analysis
XRP’s recent recovery has improved short-term momentum, but the daily chart shows the token remains below every major exponential moving average, indicating that buyers have yet to regain control of the broader trend.
On the daily timeframe, XRP is trading near $1.08, below the 20-day EMA at $1.0949, the 50-day EMA at $1.1280, the 100-day EMA at $1.2116, and the 200-day EMA at $1.4079.
See below:
XRP/USDT 1-day price chart. Source: TradingView.
The bearish alignment of those moving averages continues to place successive resistance levels overhead.
At the same time, On-Balance Volume (OBV) has stabilized around 43.14 billion after a prolonged decline, indicating that selling pressure has eased even though sustained accumulation has not yet emerged.
The 4-hour chart presents a more balanced picture. MACD has turned slightly positive after the MACD line crossed above the signal line, suggesting improving short-term momentum.
However, the histogram remains shallow, indicating that bullish momentum is still developing rather than accelerating.
XRP/USDT 4-hour price chart. Source: TradingView.
RSI is hovering around 48.7, just below the neutral 50 level, showing that neither buyers nor sellers currently hold a decisive advantage.
Liquidation data from CoinGlass points to the next areas where volatility could increase.
The largest concentration of short liquidation liquidity sits between $1.09 and $1.10, directly overlapping with the 20-day EMA and the resistance area that rejected XRP’s latest advance.
A sustained move through that zone could trigger additional liquidations and open the door to a test of the 50-day EMA near $1.13.
If buyers manage to establish support above $1.13, attention would turn toward the $1.14-$1.20 region, which several market analysts have identified as the area required to change XRP’s medium-term technical structure from corrective to bullish.
Support remains clustered lower. CoinGlass data shows another major liquidation pocket between $1.07 and $1.06, matching the range that absorbed selling during the recent pullback.
Losing that area would expose XRP to another test of $1.05, while a failure to hold there could bring the psychologically important $1.00 level back into focus.
For now, the technical picture indicates that XRP is consolidating inside a well-defined range.
However, stronger buying volume and a decisive break above the resistance cluster around $1.10-$1.13 will likely be needed before a more sustained rally can develop.
The post XRP price rises on ETF inflows: is a breakout above $1.13 now likely? appeared first on Invezz
