XRP trades at $1.3072, down 2.69% in 24 hours, as news about Ripple and Evernorth hits the market. Traders now ask where XRP heads from $1.30. Charts, ETF flows, and derivatives data all lean
XRP trades at $1.3072, down 2.69% in 24 hours, as news about Ripple and Evernorth hits the market. Traders now ask where XRP heads from $1.30.
Charts, ETF flows, and derivatives data all lean cautious. Here is a simple XRP price analysis based on the numbers.
Ripple put a large amount of XRP into Evernorth. It is the XRP treasury company that just debuted on Nasdaq.
CEO Brad Garlinghouse explainedthe move at Nasdaq on listing day. He said it fits Ripple's long habit of investing in its own ecosystem.
He also said trust in Evernorth's leadership sealed the decision. So far, this news has not lifted the price.
The XRP price today is $1.3072, down 2.69%. Sellers led, and long traders took most of the liquidations.
Futures volume fell 11.58% to $2.12B, while spot volume is $358.56M.
Metric
Value
Price
$1.3072
24h Change
-2.69%
Market Cap
$82.41B
Futures Volume (24h)
$2.12B
Spot Volume (24h)
$358.56M
Open Interest
About $2.80B
Circulating Supply
63.12B XRP
Total Supply
99.98B XRP
Max Supply
100B XRP
Bearish, for now. XRP trades inside a descending channel, under all four key moving averages.
EMA
Level
20 EMA
$1.3290
50 EMA
$1.3626
100 EMA
$1.3976
200 EMA
$1.4080
RSI is near 39. That shows weak momentum, though a small relief bounce can still happen.
Support sits at $1.30 to $1.28. A clean break could open the way to $1.25 and then $1.22, near the lower channel line.
Type
Level
Why It Matters
Support 1
$1.30 to $1.28
Current test zone
Support 2
$1.25
Next floor if $1.28 breaks
Support 3
$1.22
Near lower channel edge
Resistance 1
$1.33
Close to the 20 EMA
Resistance 2
$1.36 to $1.40
50 and 100 EMA area
Resistance 3
$1.45 to $1.48
Recovery target if buyers return
Small outflows, big inflows overall. XRP spot ETFs saw a $2.47M outflow on October 16. All of it came from Canary's XRPC.
Total net inflows stand at $1.80B. Net assets are $1.47B, about 1.79% of XRP's market cap.
ETF
Ticker
Net Assets
Bitwise
XRP
$541.12M
Franklin
XRPZ
$390.92M
Canary
XRPC
$315.50M
21Shares
TOXR
$139.02M
Grayscale
GXRP
$84.86M
Total value traded was $27.65M. All five funds also fell 3.22% to 3.60% in price.
Mixed. Open interest slipped 0.93%, so traders are using less leverage. The overall long/short ratio is 0.9279, a small bearish tilt.
Account ratios still favor longs: 2.89 on Binance and 3.57 on OKX. Top Binance traders show 3.56 by accounts and 2.017 by position size.
Liquidations hit $5.30M in 24 hours. Longs lost $4.77M and shorts only $531.65K.Most came in the past 12 hours ($184.61K).
Options are small. Volume rose 0.80% to $4.13M, and open interest rose 3.30% to $64.40M.
As per CryptoQuant data, CVD on Binance reads about $ 6.18 M near $1.31. Market sell orders still outweigh buy orders.
The chart shows XRP sliding from about $1.50 in early October to $1.31. The reading looks steady, not panicky.
The base case is more weakness or sideways trading. Buyers need to reclaim the EMAs first.
A move above $1.33, then $1.40, would be the first real sign of recovery. A drop under $1.28 puts $1.25 in play.
Strong ETF totals offer some comfort. Daily selling and negative CVD say the market is not ready to turn.
These are only scenarios. Nobody knows where the price goes next.
This article is for information only. It is not financial, investment, or trading advice. Crypto prices are very volatile, and you can lose money. Do your own research and speak with a licensed financial adviser before you invest.
