XRP attracts money, but not buyers. ETF products continue to attract new inflows and foreign exchange balances continue to decline, but prices have fallen back to levels last seen in February. When a market stops responding to bullish developments, traders tend to focus less on the story and more on where the next support level is.
News background
• XRP celebrated its 14th anniversary this week, commemorating the 2012 genesis event that created the network’s supply of 100 billion tokens.
• 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 left exchanges in recent days, extending a trend that typically indicates long-term accumulation rather than immediate selling pressure.
Price Action Summary
• XRP fell from $1.2360 to $1.1497 during the 24-hour session, touching lows near $1.14 before recovering slightly.
• Volume surged to 248.2 million XRP during a test of support, marking one of the biggest trading explosions of the week.
• The sell-off extended losses that began with the decline below $1.25, a level that had acted as support for much of the spring consolidation.
Technical analysis
• XRP has now erased the entire $1.20-$1.60 trading range that defined the last four months, focusing on support levels last tested during the February sell-off.
• The most important problem is not the decline itself, but the repeated failure of recovery attempts. January rallies stalled near $2.40, while a second rebound attempt in May failed around $1.54, reinforcing the broader downtrend.
• The monthly RSI has fallen below 43, a level reached only a few times in the history of XRP. The above developments coincided with major market resets, although not necessarily immediate lows.
• A strong rebound from the $1.14 area produced signs of exhaustion from short-term sellers, but volume outside of the initial reversal remained largely routine, limiting confidence in the recovery.
What traders should keep in mind
• $1.14-1.15 is now the immediate support zone. A break lower shifts the focus towards $1.11 and potentially the area below $1.00 highlighted by some bearish analysts.
• $1.28 has moved from support to resistance and remains the first major level that XRP would need to reclaim to stabilize sentiment.
• ETF inflows, currency outflows and whale activity continue to point to a buildup beneath the surface. The problem for the bulls is that the price has not yet confirmed any of this.
• XRP is approaching a true tipping point. Either buyers begin to defend the current range with conviction, or the market risks turning a four-month consolidation into a much larger breakout.
