Key Takeaways
- XRP has declined 12% across the past 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
- The weekly Stochastic RSI indicator has triggered its third “death cross” signal following the July 2025 peak
- XRP spot ETFs have maintained positive net inflows for nine consecutive sessions, accumulating $95.5 million
- Weekly exchange-traded product flows show XRP leading Bitcoin and Ethereum in institutional demand through May 15
XRP faces mounting selling pressure following a 12% decline over five consecutive sessions and a breakdown beneath the crucial $1.40 support zone. Technical indicators suggest additional downside risks, even as institutional participation via ETF products accelerates.
The XRP/USD pair has been trading within a bear pennant formation on the three-day timeframe since the beginning of February. Confirmation arrived when the asset breached the pattern’s lower boundary at $1.40. Based on technical measurements, this formation projects a downside objective near $0.65, implying an additional decline of approximately 52.5% from present price levels.
The weekly Stochastic RSI indicator has generated a death cross configuration. Technical analyst ChartNerd highlighted on X that this marks the third occurrence of this bearish signal since XRP reached its all-time high in July 2025.
ChartNerd observed that the two prior death cross formations both triggered corrections approaching 50%. He suggested that “a rejection at the weekly 20 (recently retested) or the weekly 50 ($1.80) will probably trigger the next downward move later this year.”
The daily Relative Strength Index has declined from 63 to 42 during the past seven sessions, signaling increasing bearish pressure.
Analyzing the hourly timeframe, a descending trend line has emerged with resistance positioned at $1.3720. XRP currently trades beneath $1.3880 and below its 100-hour Simple Moving Average.
Critical resistance zones include $1.3650, $1.3720, $1.3940, and $1.40. Breaking decisively above $1.4250 would be required to establish bullish short-term momentum.
Regarding support, the immediate floor stands at $1.3465, with additional backing at $1.3350. Should XRP settle below $1.3350, the next targets emerge at $1.3220 and subsequently $1.3120.
Market observers have previously identified $1.27 as a pivotal threshold. A confirmed close beneath this level could accelerate movement toward $1.11 and potentially the psychological $1.00 barrier.
ETF Capital Continues Flowing
Contrary to price action, institutional participation shows no signs of weakening. United States-based XRP spot ETFs registered net inflows of $750,000 on Monday exclusively, marking the ninth consecutive day of positive flows. Aggregate inflows during this streak total $95.5 million, elevating cumulative inflows to approximately $1.4 billion and expanding assets under management to $1.14 billion.
Cryptocurrency intelligence account Whale Insider noted on X that “ETF participants purchased $1.48 million worth of $XRP, elevating total ETF-managed net assets to $1.12 billion.” The commentary emphasizes that institutional acquisition through regulated investment vehicles has persisted despite declining spot valuations.
XRP Leads Bitcoin and Ethereum in Weekly ETP Activity
International XRP investment vehicles recorded weekly inflows totaling $67.6 million during the week concluded May 15. By contrast, Bitcoin and Ethereum products experienced outflows of $981.5 million and $250 million respectively throughout the identical timeframe.
Current XRP ETF assets under management reach $1.14 billion, per SoSoValue tracking data.
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