📰
Market AnalysisBearish
71
XRP

XRP Slides to 15-Week Low at $1.32 as Sellers Dominate

XRP dropped to a three-month low of $1.32 despite exchange outflows exceeding 25 million tokens and cumulative spot ETF inflows reaching $1.42 billion. Sellers overpowered recovery attempts, keeping the short-term structure weak, with immediate support at $1.31.

CoinDeskShaurya Malwa

Quick Take

1

XRP hit a 15-week low at $1.32 amid heavy selling pressure.

2

Over 25M XRP left exchanges, signaling accumulation but not enough to lift price.

3

Spot ETF inflows reached $1.42B, yet downtrend persists.

4

$1.31 is critical support; losing it opens path to $1.28 and $1.20.

Market Impact Analysis

Bearish

Despite ETF inflows and exchange outflows, persistent selling pressure keeps XRP in a weak technical position with lower highs.

Timeframeshort

Speculation Analysis

Factuality90/100
RumorsVerified
Speculation Trigger50/100
MinimalExtreme FOMO

Key Takeaways

  • XRP plunged to a 15-week low of $1.32 as sellers dominated, ignoring bullish signals from ETF inflows and exchange outflows.
  • More than 25 million XRP left exchanges, pointing to accumulation, but price action failed to reverse.
  • Spot ETF inflows reached $1.42 billion, yet the downtrend remains firmly in place.
  • The $1.31 level is immediate support; losing it opens a path to $1.28 and $1.20.
  • Reclaiming $1.34 could trigger a short squeeze and spark a move toward $1.40.
New Low $1.32 15-week low
Exchange Outflows 25M+ XRP net outflow
ETF Inflows $1.42B cumulative
Breakdown Volume 55.03M through $1.3320 support

What Happened

XRP slid to a 15-week low around $1.32, as heavy selling overpowered accumulation signals. The token broke below the $1.3320 support on volume of 55.03 million, extending losses to $1.314 before a modest bounce back to the $1.32 area. Despite more than 25 million XRP leaving exchanges — typically a sign of long-term holding — and cumulative spot ETF inflows reaching $1.42 billion, buyers failed to sustain any recovery. Each uptick was met with fresh selling, keeping the short-term structure weak and sellers in control of lower highs.

The Numbers

XRP’s drop from $1.3384 to $1.3208 marked a new 15-week low. The breakdown occurred with 55.03 million in volume through support at $1.3320. Over 25 million XRP exited exchanges, yet the imbalance of sell orders continued to dominate. Spot ETF inflows now total $1.42 billion, but demand has not been sufficient to reverse the downtrend. Immediate support sits at $1.31, while $1.34 now acts as near-term resistance. A cluster of short liquidations between $1.34 and $1.40 sets up a potential squeeze if buyers reclaim that zone.

Why It Happened

XRP’s weakness is rooted in persistent selling pressure that overshadows constructive on-chain signals. The market structure has been defined by lower highs, with sellers stepping in aggressively on any relief rallies. The breach below $1.3320 reinforced the bearish bias, triggering additional stop-loss selling. While exchange outflows suggest accumulation, the tape remains defensive. Broader risk-off sentiment in crypto and a lack of fresh catalysts have kept buyers sidelined, allowing the downtrend to persist despite favorable ETF flow data.

Broader Impact

XRP’s price action underscores a growing divergence between ETF fund flows and actual spot market momentum, a pattern visible across multiple crypto assets. The inability of $1.42 billion in ETF inflows to lift XRP suggests that these products may be absorbing existing selling rather than driving new demand. For the wider market, it raises questions about the real impact of institutional products in a risk-averse environment.

What to Watch Next

  • $1.31 support: A breakdown from this level could accelerate losses toward $1.28 and $1.20.
  • $1.34 recovery: Reclaiming this level may trigger a short squeeze, with targets at $1.37 and $1.40.
  • ETF and exchange flows: Watch for a sustained decrease in exchange balances or a spike in ETF inflows that might finally translate into price action.

Source: CoinDesk

This article is for informational purposes only and does not constitute financial advice.

SourceRead the full article on CoinDesk
Read full article

Always late to trends?

Join for the latest news, insights & more.

Disclaimer: Bytewit is an independent media outlet that delivers news, research, and data.

© 2026 Bytewit. All Rights Reserved. This article is for informational purposes only.

Read Next

Most Read

⚖️
Top StoriesBullish
75

Coinbase Launches Direct INR Rails for Indian Users

Coinbase has introduced direct Indian rupee deposit and withdrawal rails via IMPS, removing P2P intermediaries. This move, backed by regulatory compliance and dedicated INR order books, simplifies trading for Indian users in the world's top crypto adoption market, despite high taxes.

90% confidence
Jun 1, 2026, 11:11 AM UTC · Decrypt
XRP Hits 15-Week Low at $1.32 as Sellers Dominate | Bytewit