XRP price hits 15-week low amid selling pressure and exchange outflows, with the token falling from $1.3384 to $1.3208 during the session recently reported. More than 25 million XRP left exchanges after a large inflow earlier in the week, with those withdrawals recorded following the inflow within the same reporting week. The combination of the intraday price decline and the subsequent exchange outflows constituted the key movements documented for XRP during that short-term period overall.
XRP traded with a session volume of 55.03 million, which pushed the price through support near $1.3320 and resulted in further selling pressure. Selling extended toward $1.314 before a modest bounce toward $1.32. Immediate support is at $1.31; losing that level could bring $1.28 into play and then $1.20 if support fails. The breakdown below $1.3320 keeps the short-term structure weak.
The first recovery level is at $1.34, and reclaiming that level could trigger momentum toward $1.37 and $1.40. $1.34 is identified as the first reclaim level following the move below $1.3320. The technical levels frame $1.31 as the immediate downside buffer while $1.34, $1.37 and $1.40 serve as sequential resistance points on any rebound. Traders are therefore monitoring $1.31 on the downside and $1.34 on the upside as the primary near-term thresholds.
Leverage was heavily flushed during May, with most high-risk long positions already liquidated as XRP bounced from the $1.28 area. Spot XRP ETFs recorded fresh inflows, bringing cumulative flows to about $1.42 billion. These ETF inflows contrasted with outflows from U.S. spot bitcoin ETFs, which recorded outflows totaling $2.97 billion across 10 trading days through Friday, the longest outflow streak on record. The report presented these liquidity movements alongside the liquidation data in its market overview.
The coverage referenced the bounce from $1.28 as a prior price reaction within this set of market dynamics. These elements were included together in the discussion of recent market conditions.
External market influences included oil’s bounce on the stalled Iran deal, which added pressure, even as global equities rose on Nvidia and SoftBank AI trades. The report listed the oil bounce and the equity moves alongside the ETF flows and leverage liquidation details. The oil bounce and the equity rallies were presented as contemporaneous market developments. These external items were noted within the same market context covered in the report.
XRP remains under selling pressure, reflected by its recent slide to a 15-week low and the intraday move from $1.3384 to $1.3208, alongside noted exchange outflows exceeding 25 million XRP after a large inflow earlier in the week. Market sentiment is described as analytical and cautious, citing flushed leverage in May, heavy liquidation of high-risk long positions, fresh spot XRP ETF inflows taking cumulative flows to about $1.42 billion, continuing U.S. spot bitcoin ETF outflows, and external influences including oil’s bounce on a stalled Iran deal and equity moves tied to Nvidia and SoftBank AI trades.
