XRP Slides Below Every Major EMA as ETF Demand Cools and Sentiment Hits 89% Bearish

XRP is trading around $1.38, sitting below its 10, 20, 50, 100, and 200-day EMAs simultaneously — a technically bearish stack that is reinforced by a Fear & Greed score of just 39 and market sentiment readings of 89% bearish. Institutional ETF demand, which had been one of the cleaner near-term re-rating arguments for the token, has visibly cooled, removing a key bullish catalyst from the table.

The RSI picture is split: the daily RSI sits near 42, technically neutral but trending toward oversold, while the weekly RSI has already crossed into oversold territory at around 38. That divergence typically precedes either a sharp reversal or an extended consolidation phase. Immediate resistance sits at $1.40–$1.45; a reclaim of $1.45 on volume with compressing EMAs could open a path toward $1.65–$1.80 in the weeks ahead.

The 30-day volatility above 3% reflects genuine risk-off pressure…