XRP dropped 7% to $1.1497 after losing key support at $1.25, despite strong institutional inflows and exchange outflows. The token erased its entire $1.20-$1.60 trading range from the past four months, now testing support levels last seen in February. Weekly inflows of $20.3 million into XRP investment products and over 25 million XRP leaving exchanges suggest accumulation, but price action remains weak. The monthly RSI fell below 43, a historically bearish signal. Traders watch $1.14-$1.15 support; a break could lead to $1.11 or sub-$1.00. Resistance lies at $1.28. The divergence between bullish fundamentals and bearish price action highlights a critical inflection point for XRP.

Key facts

• XRP fell 7% to $1.1497 after losing $1.25 support.
• XRP investment products saw $20.3M weekly inflows despite market outflows.
• Over 25 million XRP left exchanges, indicating accumulation.
• Monthly RSI dropped below 43, a rare bearish signal.
• Key support at $1.14-$1.15; resistance at $1.28.

KeyAudit data perspective