XRP is attracting money, but not buyers. The token fell another 7% to a four-month low, touching $1.14 before a slight recovery. This comes even as XRP investment products saw $20.3 million in weekly inflows, and over 25 million XRP left exchanges-signals typically associated with long-term accumulation.
But the technical picture is the weakest in months. XRP has now erased the entire $1.20-$1.60 trading range that held for the past four months. Repeated recovery attempts have failed, with rallies stalling near $2.40 in January and again around $1.54 in May.
The monthly RSI has slipped below 43, a level seen only a handful of times in XRP's history. Previous occurrences coincided with major market resets.
Traders are now watching the $1.14-$1.15 support zone. A break lower could target $1.11 and potentially sub-$1.00 levels. To stabilize, XRP needs to reclaim $1.28 as support.
For now, the market is at an inflection point: either buyers defend this range, or a four-month consolidation risks turning into a much larger breakdown.