XRP Sinks To A 15-Week Low As Sellers Shrug Off Outflows

Markets 2026-06-01 15:24

XRP Sinks To A 15-Week Low As Sellers Shrug Off Outflows

XRP (XRP) slid to a 15-week low near $1.32 on Monday as relentless selling overwhelmed signs that tokens were quietly leaving exchanges.

Key Points:

  • XRP fell to about $1.32, its weakest level in more than three months, as sellers repeatedly overpowered recovery attempts.
  • More than 25 million tokens left exchanges and spot ETFs have drawn roughly $1.42 billion, yet neither signal has reversed the trend.
  • Traders are watching $1.31 support and $1.34 resistance to decide the next move.

XRP Breaks Key Support

The token fell from $1.3384 to $1.3208 during the session before a modest bounce, marking its lowest level in more than three months. The breakdown arrived on 55.03 million in volume, which dragged the price through support near $1.3320. Each attempt to recover this week has quickly run into fresh selling near the session highs.

The pattern has left buyers on the back foot for most of the week.

More than 25 million XRP left exchanges after a large inflow earlier in the week, a shift that often signals holders moving tokens into longer-term storage. Spot XRP funds also logged steady demand, lifting cumulative inflows to roughly $1.42 billion since their late-2025 launch. That demand stood out as spot Bitcoin (BTC) and Ethereum (ETH) funds bled hundreds of millions over the same stretch.

Also Read: Cardano Tops Every Major Chain In Stablecoin Growth, Up 61% In A Week

XRP Accumulation Versus Price

The result is a market caught between two competing signals that rarely coexist for long. Outflows usually hint at accumulation, yet the tape shows sellers reclaim control whenever the token tries to rally.

Much of May's leverage was already flushed, with most high-risk long positions liquidated as XRP defended the $1.28 area. A large short-liquidation cluster now sits between $1.34 and $1.40, so a reclaim of that ceiling could spark a quick run toward $1.37 and $1.40. Below the range, losing $1.31 support would put $1.28 and then $1.20 back in play.

The standoff matters because it pits genuine, long-term accumulation against stubborn day-to-day selling pressure. Many traders are holding back until a Senate vote on US crypto market rules, expected this month, clears a path for larger institutional buyers.

XRP has spent recent weeks holding the $1.34 region inside a falling channel, sliding close to 7% over the past week as the broader crypto market pulled back. The token closed May lower even after the month delivered its strongest ETF inflows of the year, underscoring how steadily demand has collided with soft spot pricing.

Read Next: ETH Loses Its Last Floor And Stares Down A Drop Toward $1,800

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This content is for informational purposes only and does not constitute investment advice.

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