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XRP MACD signal turns high, Franklin Templeton Related Fund adds US$5.66 million

2026-07-23 00:03:38
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The recent downward trend of Ripple (XRP) may be approaching a turning point, with technical momentum indicators beginning to strengthen and major institutional investors also increasing their exposure to the token. Although analysts believe these signs indicate that the correction may be coming to an end, a clear confirmation signal is still needed before a full bullish reversal is announced.

MACD indicator shows weakening bearish pressure

Well-respected market analyst EGRAG CRYSTPTO pointed out that XRP's 40-day moving average convergence/divergence (MACD) indicator is showing signs of flattening after a long decline. MACD is a momentum oscillator often used to identify trend changes and measure the strength of market movements. A flattening MACD usually means that selling pressure is weakening and buyers are starting to regain momentum. These early signals may signal an upcoming reversal, but EGRAG emphasizes that traders should remain cautious. He pointed out that the real trend change still requires further technical verification, including confirmed MACD bullish crossings and decisive breakthroughs in key resistance levels. "The worst may have passed rather than yet arrived, indicating that XRP may be in the final stages of a pullback." Historically, similar MACD patterns have often heralded significant gains when bullish momentum finally appears. According to EGRAG, a clear break through resistance and form a higher high will provide more reliable evidence of a sustained upward trend. Until the confirmation signal comes, the improvement in momentum is just a positive but preliminary development.

Institutional increase momentum

Data from CoinCodex shows that XRP is currently trading at $1.14, placing the altcoin in a key technical support area. Holding on to this support while improving momentum could strengthen the view that the decline in XRP is only a temporary reset rather than a signal of a long-term bear market cycle. Institutional interest is also growing. Cryptocurrency exchange Bitrue reported that customers of global asset manager Franklin Templeton recently purchased approximately $5.66 million in XRP through its ETF channel. The move is seen by many as a sign that confidence in XRP is growing despite market volatility. Founded in 1947, Franklin Templeton is one of the world's largest independent asset management companies, offering a variety of investment products to institutional and retail clients. Industry observations show that large investors tend to accumulate assets when price uncertainty is high and choose to lay out before potential increases rather than react after a trend is established. The current existence of spot XRP ETFs is seen as a convenient entry point for such increases.

The intersection of increased momentum and increased institutional purchases on the chart may be the key to the next major trend of the token. However, many market observers emphasize that clear technical confirmation must be obtained before considering the end of a pullback.

Mini Dictionary: MACD (Moving Average Convergence/Divergence Indicator)

MACD is a technical analysis tool used by traders to measure momentum and identify trend reversals. It consists of the difference between two moving averages and is often used to detect potential buy or sell signals when the MACD line crosses the signal line or crosses the signal line.

Current indicators: XRP price of US$1.14 (key technical support); institutional purchases of US$5.66 million (increased by Franklin Templeton ETF clients);MACD flattening (indicating weakening bearish momentum).

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