XRP Crashes to 15-Week Low—Is a Comeback Finally Brewing?

$XRP Slips Below Key Support as Bearish Pressure Overrides Bullish Signals

$XRP has come under intense pressure after falling to a 15-week low, highlighting the growing gap between strong underlying fundamentals and short-term market sentiment.

According to market intelligence platform CryptoSavingExpert, the digital asset recently dropped to $1.32 as heavy selling activity overwhelmed several bullish indicators that would typically support higher prices.

Source: CryptoSavingExpert

More notably, this decline comes despite a surge in institutional interest across the broader crypto market. Spot cryptocurrency ETFs attracted approximately $1.42 billion in fresh capital, signaling that large investors continue to view digital assets as an attractive long-term opportunity.

Furthermore, nearly 25 million $XRP tokens were withdrawn from exchanges, a development often interpreted as bullish because it reduces the amount of readily available supply for sale.

Under normal market conditions, a combination of strong ETF inflows and declining exchange balances could provide a solid foundation for price appreciation.

However, $XRP’s recent performance suggests that traders remain focused on short-term risks. Profit-taking, uncertainty across the crypto sector, and broader risk-off sentiment appear to have outweighed the positive impact of institutional inflows and supply reduction.

$XRP Slides Below $1.30 as Traders Eye Key Rebound or Deeper Drop

The latest selloff has pushed $XRP into a crucial technical zone. As a result, market participants are closely monitoring the $1.30 support level, which is widely viewed as the line separating a potential recovery from a deeper correction.

Why does this matter? Because a sustained move below this threshold could trigger additional selling pressure and expose $XRP to a decline toward $1.28.

According to CoinCodex data, $XRP is currently trading at $1.29, placing it slightly below the key support area. This has increased market attention on the coming trading sessions, which could determine whether the asset stabilizes or extends its losses.

Source: CoinCodex

On the upside, resistance remains near $1.34. If bulls manage to reclaim this level, momentum could quickly shift in favor of the bulls, opening the door for a potential rebound toward $1.40. Such a move would likely require improving market sentiment and a reduction in the aggressive selling that has dominated recent trading.

Despite the current weakness, some analysts remain highly optimistic about $XRP’s long-term prospects. Computer engineer and banking systems expert CharuSan recently argued that projections of $XRP reaching $300 are rooted in the possibility of large-scale adoption within global banking infrastructure rather than retail-driven speculation.

Meanwhile, market observers note that $XRP may also be flushing out weak hands, with a massive $2.26 billion liquidation zone still looming overhead. For now, the battle between buyers and sellers remains firmly in focus.

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