Key Takeaways
- XRP has declined 12% across five trading days, breaching critical support at the $1.40 threshold
- Technical analysis reveals a bear pennant formation on the three-day timeframe with a projected target of $0.65
- Weekly Stoch RSI indicators show a third death cross pattern following the July 2025 peak
- XRP spot ETFs have maintained positive net flows for nine consecutive sessions, accumulating $95.5 million in total inflows
- Weekly ETP flow data shows XRP attracting more capital than Bitcoin and Ethereum combined
XRP faces mounting selling pressure following a 12% decline over five consecutive trading sessions, with the asset breaching the crucial $1.40 support zone. Technical indicators are signaling potential for additional downside movement, even as institutional investors continue accumulating exposure through exchange-traded funds.
The XRP/USD trading pair has been forming a bear pennant consolidation structure on the three-day chart since the beginning of February. This technical formation was validated when the price decisively broke through the lower boundary trendline at the $1.40 level. Based on traditional pattern measurement techniques, the downside objective from this formation points to approximately $0.65, representing a potential decline of roughly 52.5% from present trading levels.
Weekly Stoch RSI momentum indicators have also generated a death cross configuration. Technical strategist ChartNerd highlighted via X that this bearish signal marks the third occurrence since the asset reached its all-time high in July 2025.
According to ChartNerd’s historical analysis, the two previous death cross formations each resulted in price corrections approaching 50%. The analyst emphasized that “a rejection at the weekly 20-period moving average (recently retested) or the weekly 50-period moving average ($1.80) would probably trigger the subsequent downward phase later this year.”
The daily Relative Strength Index has deteriorated from 63 to 42 during the previous seven-day period, indicating intensifying bearish pressure.
Examining the hourly timeframe, a descending trendline has emerged with resistance positioned at $1.3720. XRP is presently changing hands beneath $1.3880 and trading below the 100-hour Simple Moving Average.
Critical overhead resistance zones include $1.3650, $1.3720, $1.3940, and $1.40. Bulls would need to drive price action decisively above $1.4250 to establish positive near-term momentum.
Regarding downside risk, immediate support is established at $1.3465, with secondary support at $1.3350. A sustained break below $1.3350 would likely direct XRP toward $1.3220, with further support at $1.3120.
Market analysts have previously identified $1.27 as a pivotal threshold. A decisive close beneath this level could accelerate selling toward $1.11 and ultimately the psychological $1.00 level.
Institutional Buying Through ETFs Continues
Contrary to the bearish price action, institutional participation remains robust. United States-based XRP spot ETFs registered net inflows of $750,000 on Monday exclusively, marking the ninth consecutive session of positive flows. Combined inflows throughout this nine-day window totaled $95.5 million, elevating cumulative inflows to approximately $1.4 billion with assets under management reaching $1.14 billion.
Cryptocurrency market intelligence source Whale Insider reported on X that “ETF participants acquired $1.48 million in $XRP value, elevating total ETF-controlled net assets to $1.12 billion.” This data underscores that institutional accumulation via regulated investment vehicles has persisted throughout the spot market decline.
XRP Leads Bitcoin and Ethereum in Weekly Investment Product Flows
Worldwide XRP exchange-traded products captured inflows totaling $67.6 million during the week concluded May 15. Conversely, Bitcoin and Ethereum experienced net outflows of $981.5 million and $250 million respectively across the identical timeframe.
According to SoSoValue tracking data, aggregate XRP ETF assets under management currently total $1.14 billion.
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