"XRP is currently trading below both the 50-day EMA at $1.38 and the 200-day EMA at $1.88. The MACD is negative and expanding to the downside, and the RSI sits at roughly 38, which signals weak momentum without being oversold enough to trigger a mechanical bounce."
"Moreover, XRP ETFs flows have been abysmal, recording multiple outflow days compared to consecutive inflows seen at launch. Around $31 million left the XRP ETF in March, and total assets under management dropped from a peak of $1.24 billion in January to roughly $947 million."
"XRP's net exchange supply has also dropped 16.28% since February 2025, which means the amount of tokens on exchanges available to sell has been steadily shrinking even as the price keeps sliding."
XRP is trading below key moving averages, with negative MACD and weak momentum indicated by an RSI of 38. Speculative interest has decreased significantly, with open interest in XRP futures dropping 73%. The critical support level is at $1.28, below which XRP could fall to $1.15 or lower. Analysts predict bearish trends due to poor ETF flows and declining institutional interest, while a conservative prediction of $1.60 is based on reduced net exchange supply despite falling prices.
Read at 24/7 Wall St.
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