XRP attracts money, but not buyers. ETF products continue to attract new capital flows and FX balances continue to contract, but prices have fallen back to levels last seen in February. When a market stops reacting to bullish developments, traders tend to focus less on the story and more on where the next support level is.
News context
• XRP celebrated its 14th anniversary this week, commemorating the 2012 genesis event that created the network’s 100 billion token supply.
• XRP investment products saw $20.3 million in weekly inflows, even as digital asset funds overall suffered $1.5 billion in outflows.
• More than 25 million XRP has left exchanges in recent days, continuing a trend that typically signals long-term accumulation rather than immediate selling pressure.
Price Action Summary
• XRP rose from $1.2360 to $1.1497 during the 24-hour session, touching a low near $1.14 before recovering slightly.
• Volume surged to 248.2 million XRP during a test of support, marking one of the biggest trading bursts of the week.
• The selloff extended losses that began with the break below $1.25, a level that had served as support during much of the spring consolidation.
Technical analysis
• XRP has now erased the entire $1.20 to $1.60 trading range that defined the last four months, placing emphasis on support levels last tested during the February sell-off.
• The biggest problem is not the decline itself but the repeated failure of attempts at recovery. January rallies stalled near $2.40, while a second rebound attempt in May failed around $1.54, reinforcing the broader downtrend.
• The monthly RSI fell below 43, a level reached only a few times in XRP’s history. Previous events have coincided with major market resets, but not necessarily immediate lows.
• A strong rebound from the $1.14 area produced signs of short-term seller exhaustion, but volume outside of the initial reversal remained largely current, limiting confidence in the recovery.
What traders should watch out for
• $1.14-$1.15 is now the immediate support zone. A downside break shifts the focus towards $1.11 and potentially the sub-$1.00 zone highlighted by some bearish analysts.
• $1.28 moved from support to resistance and remains the first major level that XRP would need to recover to stabilize sentiment.
• ETF inflows, FX outflows and whale activity continue to point to accumulation below the surface. The problem for the bulls is that the price has not confirmed anything yet.
• XRP is approaching a true inflection point. Either buyers start defending the current range with conviction, or the market risks turning a four-month consolidation into a much bigger breakout.
