In XRP news Today, Ripple is trading near $1.35 on Thursday after falling more than -3% overnight. The pullback has brought the token toward its 200-day Exponential Moving Average (EMA) near $1.344, a level FXStreet has identified as initial support in its technical outlook.
The immediate question is whether XRP can hold above the $1.35-$1.30 area or whether the correction extends lower. XRP and Stellar’s XLM were both under pressure on Thursday, having lost more than -2% and -3%, respectively, so far this week.
Both assets are approaching support zones that could help determine their next directional move. For XRP, the technical picture remains constructive as the major moving averages hold, but momentum has moderated, and derivatives signals are mixed.
XRP News: A Cooling Rally, Not Yet a Reversal
XRP’s position near $1.392 places it close to the 200-day EMA around $1.354. FXStreet identifies the average as the first support level beneath the current price.
Below it, the chart shows a horizontal support area around $1.300, with the 50-day and 100-day EMAs also below the current price. Together, those levels form the main support area highlighted in the source’s technical assessment.
Despite the weekly decline, XRP remains above its 50-day, 100-day, and 200-day EMAs. Those averages are clustered between roughly $1.244 and $1.354.
FXStreet describes that structure as reinforcing a constructive near-term bias, provided the dynamic support levels hold. At the same time, price’s proximity to the 200-day EMA makes the current support test central to the short-term technical picture.
The current correction, therefore, does not, by itself, establish a broader trend break in the source analysis. Instead, it places attention on whether the support cluster remains intact.
Holding above the moving averages would preserve the constructive structure described by FXStreet, while a loss of the nearby support area would shift focus to lower levels.
What CryptoQuant and CoinGlass Data Actually Show
(SOURCE: CoinGlass)https://www.youtube.com/watch?v=0KIj-K_CgNA
CryptoQuant’s data indicates a bearish sentiment in XRP’s on-chain metrics, with futures markets showing sell-side dominance and low retail activity. The spot market also exhibits heating conditions, leading to a cautious outlook among Ripple traders.
In the derivatives market, CoinGlass reports an XRP long-to-short ratio of 0.83, suggesting more short positions and bearish sentiment.
Additionally, XRP’s funding rate turned negative, reflecting a bearish outlook as shorts pay longs. While derivatives sentiment appears mixed, it remains considerably cautious.
In contrast, XLM has a long-to-short ratio of 1.13, suggesting bullish sentiment, with strong whale activity noted in its on-chain and futures data. Thus, while both XRP and XLM faced pressure, their signals differed across various metrics.
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$XRP is showing a short-term downward trend, but strong accumulation is still taking place.
Accumulation signals have persisted for several days, and the accumulation score remains strong at 90.
Accumulation occurs before a price surge. $XRP is the process of gathering the… https://t.co/LUNanqc9GI pic.twitter.com/zG05cuOgy7
— CW (@CW8900) September 10, 2026
In other XRP news, FXStreet’s chart analysis shows XRP’s Relative Strength Index in the mid-50s, suggesting moderate bullish momentum. The Moving Average Convergence Divergence line is below zero, indicating waning upside momentum despite ongoing support from the trend structure.
Key support levels include the 200-day EMA around $1.344, the $1.300 horizontal level, and shorter moving averages, with $1.000 as a more distant reference. These levels help assess potential corrections but do not guarantee any specific outcomes.
On-chain and derivatives data reveal a slight bearish tilt, with CryptoQuant noting futures overheating and sell-side dominance. CoinGlass shows a bearish long-to-short ratio and negative funding rates for XRP, while FXStreet’s broader derivatives view remains mixed. This mixture illustrates a cautious near-term outlook despite a generally constructive moving average structure.
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XRP News Forward Outlook: What Would Change the Picture
The key support zone for XRP is between $1.344 and $1.30. If XRP stays above its 50-day, 100-day, and 200-day EMAs, it maintains a positive short-term outlook, with resistance at $1.9; a stronger bullish move would require a daily close above it.
If support fails, the focus will shift to the $1.300 level and lower moving averages, with $1.000 as a more distant support. Currently, momentum is slowing, and XRP is down over 2% for the week, nearing the 200-day EMA.
On-chain data suggests cautious sentiment, so the next move depends on whether the nearby support holds, which the Ripple army will be watching closely.
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The post Ripple Stays Above Major Averages as XRP Derivatives Turn Cautious appeared first on 99Bitcoins.
Source: https://99bitcoins.com/news/altcoins/xrp-news-support-derivatives-outlook/
