If sentiment continues to deteriorate, XRP could struggle to sustain recovery, prompting investor selling and risking an extended sell-off below the critical $1.00 level. Should institutions keep increasing risk exposure, XRP could regain momentum for a steady recovery in the short-term to medium-term. XRP ETF flows | Source: SoSoValueRetail demand is on the back foot, as evidenced by perpetual futures Open Interest (OI) fading to 2.23 billion XRP on Monday, from 2.26 billion XRP the day before. CoinGlass data shows a broader sell-off from 2.37 billion XRP on July 37, undermining investor appetite. A break below this zone would likely expose XRP to deeper corrective pressure in the near term.