XRP is currently trading at $2.07, down 3.26% in the last 24 hours, as on-chain metrics signal increasing headwinds for the asset. Analysis of exchange flow indicators suggests that sustained inflows are creating notable selling pressure, with the asset struggling to maintain ground around key technical zones.
Technical Picture: Breaking Below Key Resistance
The weekly timeframe reveals a critical struggle as XRP fails to reclaim the $2.30 resistance level. This breakdown has attracted fresh selling interest, particularly as large-volume transfers continue flowing into exchange wallets. The inability to hold above this threshold has triggered a cascade of technical selling.
Exchange Flow Dynamics: The Ripple Curtain Effect
The persistence of exchange inflows—a metric tracked through on-chain data analysis—suggests that accumulation at higher levels is giving way to distribution pressure. This “ripple curtain” of selling interest acts as a barrier to any meaningful recovery attempt, with market participants redirecting capital off-exchange or toward alternative positions.
Target Zones: Support Levels Under Scrutiny
If momentum continues to deteriorate, the next significant support cluster emerges in the $1.50-$1.66 range. This zone represents both a historical support level and a potential capitulation point where longer-term holders may consider re-entry. The weekly chart structure suggests limited support between current levels and this target.
What’s Next?
For XRP to reverse course, the asset needs to overcome the $2.30 barrier convincingly and reduce the volume of inflows into exchange wallets. Until these conditions align, the technical trajectory remains tilted toward testing lower support zones, with $1.50 as the next key battleground.
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XRP Trading Signal: Chain Data Reveals Potential Test of $1.50 Under Selling Pressure
XRP is currently trading at $2.07, down 3.26% in the last 24 hours, as on-chain metrics signal increasing headwinds for the asset. Analysis of exchange flow indicators suggests that sustained inflows are creating notable selling pressure, with the asset struggling to maintain ground around key technical zones.
Technical Picture: Breaking Below Key Resistance
The weekly timeframe reveals a critical struggle as XRP fails to reclaim the $2.30 resistance level. This breakdown has attracted fresh selling interest, particularly as large-volume transfers continue flowing into exchange wallets. The inability to hold above this threshold has triggered a cascade of technical selling.
Exchange Flow Dynamics: The Ripple Curtain Effect
The persistence of exchange inflows—a metric tracked through on-chain data analysis—suggests that accumulation at higher levels is giving way to distribution pressure. This “ripple curtain” of selling interest acts as a barrier to any meaningful recovery attempt, with market participants redirecting capital off-exchange or toward alternative positions.
Target Zones: Support Levels Under Scrutiny
If momentum continues to deteriorate, the next significant support cluster emerges in the $1.50-$1.66 range. This zone represents both a historical support level and a potential capitulation point where longer-term holders may consider re-entry. The weekly chart structure suggests limited support between current levels and this target.
What’s Next?
For XRP to reverse course, the asset needs to overcome the $2.30 barrier convincingly and reduce the volume of inflows into exchange wallets. Until these conditions align, the technical trajectory remains tilted toward testing lower support zones, with $1.50 as the next key battleground.