XRP sentiment hits five-week high but still not rising? Whales buy up + ETF attracts $150 million, why is the price under pressure

XRP-1,67%
BTC-0,43%
ETH-0,59%

February 27 News: On-chain data platform Santiment shows that the XRP sentiment ratio has risen to 2.35, a five-week high; compared to Bitcoin’s 1.05 and Ethereum’s 1.4, XRP has become one of the few mainstream assets turning optimistic. Behind this improved sentiment are both institutional actions and ecosystem developments.
XRP sentiment ratio rises to 2.35, a five-week high
(Source: Santiment)
Last week, SBI Holdings issued $65 million in on-chain bonds and paid yields to investors using XRP; Aviva Investors plans to tokenize funds on the XRP Ledger. Meanwhile, Brad Garlinghouse joined the U.S. Commodity Futures Trading Commission’s Digital Asset Innovation Advisory Committee. Since February, three European institutions have adopted Ripple infrastructure, combined with nearly $3 billion in mergers and acquisitions in custody and brokerage services, reinforcing long-term expectations.

Market support is also evident. XRP-related ETFs experienced over 40 consecutive days of net inflows before recent suspensions, with a total of about $150 million this year; among them, Bitwise’s products attracted $3.04 million in a single day, increasing the total to approximately $256 million. In contrast, Bitcoin and Ethereum products have seen phased outflows, indicating a clear divergence in market structure.

However, prices remain under pressure. XRP is currently around $1.45, down about 35% over the past three months, below the 50-day and 200-day moving averages. Resistance levels are at $1.51 and $1.60, while $1.38 is a key support; if broken, it could test the $1.34–$1.31 range. The broader fear and greed index has dropped to 9, with low risk appetite dragging down resilience. Historically, XRP’s volatility during risk-averse periods has been greater than Bitcoin’s, and this cycle is no exception. Short-term technical and capital indicators are diverging, highlighting the core contradiction of “positive sentiment but stagnant prices.”

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

XRP Trading Volume Drops by 50% as the Altcoin Records Six Consecutive Red Monthly Closes

XRP trading volume drops by 50%, feeding bearish expectations. The altcoin records six consecutive red monthly closes. Could this be the longest coil for XRP before the biggest launch? The crypto community is disheartened to see the

CryptoNewsLand6h ago

XRP Long Liquidations Jump as Crypto Market Loses $285M

Key insights XRP long traders lost $3.22 million in 24 hours, far exceeding short losses, as liquidation imbalance surged to 537% overall today. Although XRP rose 0.37% to $1.31, traders expecting a stronger rebound toward $1.50 instead faced rapid liquidations across exchanges

CryptoNewsLand21h ago

What next as XRP rises to $1.33 but fails to break out

XRP is currently trading around $1.33, showing slight upward movement but lacking a breakout. Volume is up, indicating potential positioning rather than strong conviction. Key price levels to watch are $1.30 as support and $1.34-$1.35 as resistance, with XRP remaining range-bound in the meantime.

CoinDesk21h ago

XRP Eyes $1.50 Breakout as Price Holds Critical Range

XRP trades in a tight range, testing support near $1.33 and resistance $1.40–$1.42. A breakout above $1.50 could signal bullish momentum toward $1.52–$1.60. Breakdown below $1.27 may extend the current downtrend and increase selling pressure. Ripple’s XRP continues to trade within a

CryptoNewsLand04-04 10:21
Comment
0/400
No comments