XRP Price: Whales Are Buying, ETFs Are Growing — Here’s Why the Price Hasn’t Moved Yet

TLDR

• XRP’s bullish-to-bearish sentiment ratio hit 2.35, a five-week high, while Bitcoin and Ethereum remain in bearish territory
• XRP ETFs recorded over 40 consecutive days of inflows, pulling in roughly $150 million year-to-date
• Japan’s SBI Holdings launched a $65 million XRP-denominated bond, and Aviva Investors plans to tokenize funds on the XRP Ledger
• XRP still trades near $1.40, below its 50-day and 200-day moving averages, with key resistance at $1.51 and $1.60
• The broader Fear & Greed Index dropped to 9, its lowest since the FTX collapse, even as XRP sentiment turns positive

XRP’s sentiment ratio climbed to 2.35 this week, its highest in five weeks, according to data from Santiment.

Bitcoin’s ratio sits at just 1.05 and Ethereum’s at 1.4. Both remain in neutral-to-bearish territory. XRP is the only major token seeing a shift toward optimism.

That optimism has a few concrete reasons behind it.

Japan’s SBI Holdings launched a $65 million on-chain bond last week, paying investors in XRP. It is the first retail bond of its kind in a regulated market.

Aviva Investors, which manages over $275 billion in assets, announced plans to tokenize funds on the XRP Ledger.

Ripple CEO Brad Garlinghouse also secured a seat on the CFTC’s Digital Asset Innovation Advisory Committee.

Three European institutions with a combined $3.4 trillion in assets adopted Ripple infrastructure in February. Ripple has spent close to $3 billion on acquisitions to build out custody, brokerage, and treasury services.

ETF Inflows Continue Despite Price Pressure

XRP ETFs logged more than 40 consecutive days of inflows before a recent pause, pulling in roughly $150 million year-to-date. Bitcoin and Ethereum products saw outflows over the same period.

The Bitwise XRP ETF attracted $3.04 million in net inflows on February 25 alone, lifting its assets under management to $255.98 million.

This came even as XRP-USD traded around $1.45 after a three-month decline of roughly 35%.

Price Still Faces Resistance

Despite the positive sentiment, XRP’s price has not responded. The token trades near $1.40, below both its 50-day and 200-day moving averages.

Sellers have defended the $1.51 and $1.60 levels on every bounce. Immediate resistance sits at $1.41 and $1.42, with support holding around $1.38.

If XRP breaks below $1.38, the next support levels are near $1.34 and $1.31.

The broader Fear & Greed Index dropped to 9 this week, its lowest reading since the FTX collapse. Bitcoin is near $65,000 after $3.8 billion in ETF outflows over five weeks.

XRP has historically moved 1.8x the size of Bitcoin’s drops during risk-off periods. On February 5, Bitcoin fell 8% and XRP dropped 15%.

The Bitwise XRP ETF’s 1-day technical reading is currently showing a Strong Sell signal, even as institutional inflows continue.

XRP is trading above the 100-hourly Simple Moving Average, with bulls holding the $1.38 support zone as of February 27.

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