XRP slid to $1.32 on Tuesday, sinking to its weakest level in more than three months as selling pressure outpaced signs of accumulation. The market now sits at a crossroads: meaningful exchange outflows and fresh ETF demand point to longer-term buying, but price action shows sellers dominating every recovery attempt. What happened - After a large inflow earlier in the week, more than 25 million XRP left exchanges, a flow pattern typically interpreted as investor accumulation or movement into cold storage. - Spot XRP ETFs also registered fresh inflows, bringing cumulative ETF flows to roughly $1.42 billion — a sizeable demand signal that has yet to reverse the downtrend. - Despite those constructive flows, XRP fell from $1.3384 to $1.3208 during the session, marking a 15-week low on a high-volume breakdown (55.03 million XRP) that pushed price through support near $1.3320. - Selling extended toward $1.314 before a modest bounce returned XRP toward $1.32. Technical backdrop and positioning - May’s volatility flushed a lot of leverage out of the market, with most high-risk long positions already liquidated as XRP rebounded from around $1.28. - That deleveraging reduced one source of squeeze-driven rallies, leaving the tape “defensive”: sellers are still dictating lower highs and stepping in whenever price attempts to recover. - The breakdown below $1.3320 keeps short-term structure weak; $1.34 is now the first level buyers need to reclaim to shift momentum. - A cluster of short-liquidation orders sits between $1.34 and $1.40 — if XRP can pierce that band, a sharp bounce toward $1.37–$1.40 becomes possible. - Immediate support sits at $1.31. A drop below that would reopen the path to $1.28 and then $1.20. The takeaway Exchange outflows and sustained ETF demand are constructive on paper, but they aren’t yet showing up in XRP’s price. The market remains conflicted: accumulation flows suggest longer-term interest, while active selling keeps the short-term trend bearish. Until buyers can reclaim $1.34 and push into the $1.34–$1.40 short-covering zone, sellers are likely to control near-term price action — one side will have to give for a clear directional move to emerge.
XRP Slumps to $1.32 15-Week Low Despite $1.42B ETF Inflows
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XRP dropped to $1.32 on Tuesday, a 15-week low, despite $1.42B in ETF inflows. Over 25 million XRP left exchanges, hinting at accumulation or cold storage activity. The price broke key support at $1.3320, with sellers in control. Buyers need to reclaim $1.34 to shift momentum. Altcoins to watch remain under pressure amid mixed on-chain signals.
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