XRP attracts money but not buyers. ETF products continue to attract new inflows and currency balances continue to decline, but the price has fallen back to levels last seen in February. When a market stops responding to bullish developments, traders tend to focus less on history and more on where the next support level is.
News background
• XRP marked its 14th anniversary this week, commemorating the 2012 genesis event that created the network’s 100 billion token supply.
• XRP investment products recorded $20.3 million in weekly inflows, although digital asset funds largely suffered $1.5 billion in outflows.
• More than 25 million XRP have left exchanges in recent days, extending a trend that typically signals long-term accumulation rather than immediate selling pressure.
Summary of price action
• XRP fell from $1.2360 to $1.1497 during the 24-hour session, hitting lows near $1.14 before recovering slightly.
• Volume rose to 248.2 million XRP during a support test, marking one of the biggest trading breakouts of the week.
• The selling extended losses that began with the breakdown below $1.25, a level that had served as support through much of the spring consolidation.
Technical Analysis
• XRP has now erased the entire $1.20-$1.60 trading range that defined the past four months, spotlighting support levels last tested during February’s selloff.
• The biggest problem is not the fall itself, but the repeated failure of recovery attempts. The rally in January stalled near $2.40, while another rebound attempt in May failed around $1.54, reinforcing the broader downtrend.
• The monthly RSI has fallen below 43, a level reached only a handful of times in XRP’s history. Previous events coincided with major market resets, though not necessarily immediate bottoms.
• A sharp bounce from the $1.14 area signaled short-term seller exhaustion, but volume outside the initial reversal remained largely routine, limiting confidence in the recovery.
What traders need to see
• $1.14-$1.15 is now the immediate support zone. A break lower shifts focus towards $1.11 and potentially the area below $1.00 highlighted by some bearish analysts.
• $1.28 has turned from support to resistance and remains the first major level XRP needs to regain to stabilize sentiment.
• ETF inflows, exchange swaps and whale activity continue to point towards accumulation below the surface. The problem for bulls is that price has yet to confirm any of that.
• 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 collapse.
