XRP is trading near $1.05, roughly 5% lower over 24 hours, with traders positioning into the Federal Reserve's July 28 to 29 policy meeting. Markets now largely expect the Fed to hold rates steady, while a surprise 25 basis point hike remains a less likely tail. Seven US spot XRP ETFs have traded since late 2025; inflows have cooled from earlier this year but have not flipped into sustained outflows, leaving a gap between steady ETF demand and weaker spot price that analysts treat as a setup worth watching.
Why it matters
XRP has historically lagged during risk-off stretches and then recovered quickly when sentiment turns. That pattern, combined with ETF products still attracting capital even as price hovers near local lows, suggests selling pressure is being absorbed rather than capitulated into. Bitcoin's negative Coinbase premium reinforces a more cautious institutional tone across majors, but a Fed pause with dovish language would reset the risk framework for both $BTC and $XRP at once.
Market impact
Near-term resistance sits at $1.18 to $1.20, with a bullish path opening toward $1.22 to $1.32 if that level gives way. A daily close below $1.00 would weaken the current setup and expose $0.95, while a dovish surprise could put the $1.15 to $1.20 area back in play before consolidation sets in. Standard Chartered's $2.80 year-end forecast stays on the table as a longer-dated target, contingent on both a friendlier Fed and a return of institutional buying into the ETF complex.
Frequently asked questions
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What is the current XRP price and how has it moved recently?
XRP is trading near $1.05, roughly 5% lower over the past 24 hours, after earlier attempts to push higher failed to hold.
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How many US spot XRP ETFs are trading and what are flows doing?
Seven US spot XRP ETFs have traded since late 2025. Inflows have cooled from earlier in the year but have not flipped into sustained outflows.
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What is the market expecting from the Fed's July 28 to 29 meeting?
Markets now largely expect the Fed to hold rates steady, with a surprise 25 basis point hike treated as a less likely tail rather than the base case.
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What XRP price levels are traders watching into the Fed decision?
Near-term resistance sits at $1.18 to $1.20, with a path toward $1.22 to $1.32 on a break higher. Support rests at $1.05, with $0.95 to $1.00 below that.
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Why does the gap between ETF demand and weaker XRP price matter?
Analysts read steady ETF inflows alongside a falling spot price as selling pressure being absorbed by institutional demand rather than capitulation, a setup that often resolves around the next macro catalyst.
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