Although fund inflows to XRP and the amount of tokens issued from exchanges have increased, the price continues its weak course. While weekly data showed an inflow of $20.3 million into XRP investment products, there was an outflow of $1.5 billion across digital asset funds. On the other hand, XRP price decreased from $ 1.2360 to $ 1.1497 in the last 24 hours and tested around $ 1.14 during the day.
Price pressure continued as fund flow continued
The main contradiction in the market was that some positive indicators were not reflected in prices. While it has been reported that more than 25 million XRP has been withdrawn from the exchanges in recent days, this trend generally indicates long-term accumulation rather than short-term selling pressure. However, price action showed that investors are focusing on technical support levels rather than this data for now.
While there was a weekly inflow of 20.3 million dollars into XRP investment products, it was noteworthy that digital asset funds in general saw an outflow of 1.5 billion dollars.
The XRP network passed its 14th anniversary this week. With the launch of the network in 2012, a total supply structure of 100 billion was created. Despite this, he pointed out that developments such as the latest price movement, anniversary and fund inflows alone are not enough to change the market direction.
Support and resistance levels stand out in the technical view
It was stated that the selling pressure gained momentum after falling below the $ 1.25 level, which was previously viewed as an important support throughout the spring. Thus, XRP gave back all its gains in the range of $ 1.20 and $ 1.60, which stood out in the last four months. The support zones that were tested during the hard selling period in February are now on the agenda again in the market.
Trading volume also increased significantly during the support tests. During the period when the price dropped to the $1.14 region, the total volume reached 248.2 million XRP. This level was recorded as one of the strongest trading bursts during the week. Although there was a short-term reaction, the fact that the volume remained at ordinary levels after this return raised question marks about the strength of the recovery.
| Indicator | Level |
| 24 hour peak | $1.2360 |
| Level near 24-hour close | $1.1497 |
| Close support zone | $1.14 to $1.15 |
| lower supports | Below $1.11 and $1.00 |
| First strong resistance | $1.28 |
Indicators pointed to the risk of breakage
It was stated that the monthly RSI indicator fell below the 43 level. This level has been seen a limited number of times in XRP’s history and has coincided with broader market resets in the past. However, it is also emphasized that this view alone does not mean that a bottom has formed immediately.
While the upward attempt in January stood at around $2.40, the second recovery attempt in May was unsuccessful at around $1.54. These successive failed attacks reinforced the broader downward trend. Therefore, in the current picture, the real problem seems to be the failure of the reaction increases to be permanent, rather than the decline itself.
While the range between $1.14 and $1.15 is viewed as the closest support zone in the short term, it seems difficult to achieve a permanent balance in the market perception unless the $1.28 level is exceeded again.
Analysts state that if the $ 1.14 region cannot be maintained, the focus may first shift to $ 1.11 and then to areas below $ 1.00. On the other hand, the $1.28 level has now turned from support to resistance. Although fund inflows, the amount of XRP leaving the exchanges and large investor movements keep the possibility of accumulation alive, the market has not yet confirmed these signals with the price.
