XRP price risks 50% drop despite 9-day ETF inflow streak

CointelegraphMay 193 min readVerified

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5-point summary · 1 min

As Cointelegraph reported, buyers are expected to aggressively defend the $1.27 as a close below it may sink the XRP/USDT pair to $1.11 and later to the psychological level at $1.
XRP price shuns ETF demandThe five-day price correction comes even as institutional sentiment remains relatively positive, as reflected in steady inflows into US-based XRP spot ETFs.According to data from SoSoValue, XRP ETFs added $750,000 on Monday.
This marked nine consecutive days of net inflows, totaling $95.5 million.
This streak has pushed cumulative inflows to nearly $1.4 billion and assets under management (AUM) to $1.14 billion.Spot XRP ETF flows chart.
This article is produced in accordance with Cointelegraph's Editorial Policy and is intended for informational purposes only.

$0.65$1.40$1.80$1.27$1.11$1

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XRP (XRP) has fallen 12% over the last five days, and the confirmation of a bearish pattern now points to the risk of more losses ahead.Key takeaways:XRP/USD’s bear pennant pattern on the three-day chart points to a possible 52.5% drop toward $0.65.Persistent institutional demand through exchange-traded products supports the case for a recovery in XRP price. XRP’s descending triangle breakdown is underwaySince early February, the XRP/USD pair has been consolidating inside a bear pennant on the three-day chart.In technical analysis, bear pennants are typically viewed as bearish continuation patterns. The pattern was confirmed when the price produced broke below the pennant’s lower trend line at $1.40, as shown in the chart below.Related: JPMorgan lifts Bitcoin ETF exposure in Q1, led by BlackRock’s IBITThe downside target is derived by taking the height of the initial drop (the pennant’s post) and placing it lower from the point where the price breaks below the pattern’s lower trend line.XRP/USD three-day chart. Source: Cointelegraph/TradingView,XRP’s measured downside target comes in near $0.65, about 52.5% below current levels.XRP’s Stoch RSI on the weekly chart “has confirmed a deathcross, marking the third time this signal has flashed since the July‑2025 ATH,” technical analyst ChartNerd said in a recent post on X.The previous two crosses produced deeper corrections of about 50%, and the one in January came after a “relief rally into a weekly 20/50 EMA death cross,” the analyst said, adding:“A failure at the weekly 20 (just retested) or the weekly 50 ($1.80) will likely open the next leg down later in the year."XRP/USD weekly chart. Source: X/ChartNerdThe daily RSI has dropped to 42 from 63 over the last seven days, suggesting increasing bearish momentum. As Cointelegraph reported, buyers are expected to aggressively defend the $1.27 as a close below it may sink the XRP/USDT pair to $1.11 and later to the psychological level at $1. XRP price shuns ETF demandThe five-day price correction comes even as institutional sentiment remains relatively positive, as reflected in steady inflows into US-based XRP spot ETFs.According to data from SoSoValue, XRP ETFs added $750,000 on Monday. This marked nine consecutive days of net inflows, totaling $95.5 million. This streak has pushed cumulative inflows to nearly $1.4 billion and assets under management (AUM) to $1.14 billion.Spot XRP ETF flows chart. Source: SoSoValueGlobal XRP investment products also registered weekly inflows of approximately $67.6 million during the week ending May 15, outperforming Bitcoin (BTC) and Ether (ETH), which saw $981.5 million and $250 million in outflows, respectively.Global crypto ETP flows table. Source: CoinSharesThis indicates institutional appetite for XRP products is “heating up, signalling growing confidence in regulated crypto exposure,” TronWeekly said in a post on Tuesday.As Cointelegraph reported, stronger technical validation, passage of the CLARITY Act in the US and recovering network activity could also contribute to XRP’s recovery. This article is produced in accordance with Cointelegraph's Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research.

Integrity note · Xela does not rewrite or paraphrase article content. The excerpt above is the source publication's own words, sanitized for display. For the full piece — including any quotes, charts, or images — read it at Cointelegraph. Xela's rewritten version is off for this story, so there's no editorial angle attached — you're getting the source's reporting unfiltered. When the rewrite is on, we add a What this means block underneath with the operator/trader takeaway.

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Bitcoin stabilizes near $63,000, but reclaiming $64,000 is the real test Bitcoin is stabilizing near $63,100 after buyers defended the lower part of its recent range. That is constructive, but it is not yet a confirmed recovery. BTC must first overcome resistance near $63,175-$63,270, while reclaiming and holding $64,000-$64,095 remains the more important test. Key takeaways for Bitcoin traders and investors Current position: BTC is holding above the previous month’s lower value boundary near $62,380. Immediate resistance: Buyers need to clear $63,130-$63,175, followed by $63,247-$63,270. Main recovery test: A sustained reclaim of $64,000-$64,095 would carry much more weight than a temporary bounce near $63,000. Major support: The broader $62,380-$62,535 region remains the most important defended zone. Bullish confirmation: Repeated closes, consolidation or a successful retest above $64,095 would show that Bitcoin is beginning to establish higher accepted value. 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Price subsequently recovered toward $63,100, strengthening the case that buyers are willing to defend the lower part of the previous month’s trading range. What stands out to me, however, is how little upward progress followed that buying. Several periods showed positive buying pressure, but BTC remained concentrated around $63,050 and repeatedly struggled to extend beyond $63,150-$63,175. In simple terms, buyers have shown that they can slow the decline, but they have not yet shown that they can move Bitcoin into a clearly higher trading range. This is the difference between stabilization and recovery: Stabilization means sellers are no longer pushing price lower with the same ease. Recovery means buyers are lifting price, holding above resistance and shifting the market’s most active trading area higher. Bitcoin has shown the first condition. The second still needs confirmation. Why $62,380 and $64,095 matter The previous month’s value area provides a useful map of where most Bitcoin trading took place: Value Area Low near $62,380: The lower boundary of the previous month’s heavily traded range. Point of Control near $64,095: The price that attracted the most trading activity during the month. Value Area High near $65,050: The upper boundary of the previous month’s accepted range. BTC is currently about $720 above the monthly Value Area Low, but almost $1,000 below the monthly Point of Control. Holding above $62,380 tells us that demand inside the previous month’s range has not completely failed. Remaining below $64,095 tells us that buyers have not regained control of the broader value structure. This is also why $64,095 may be more important than $64,000 itself. The round number attracts attention, but $64,095 represents the previous month’s busiest price area. A brief move above $64,000 could still become another failed breakout. 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Buyers would then need to clear and hold above $63,247-$63,270. That would improve the probability of a move toward $63,350 and, eventually, the much larger $64,000-$64,095 test. A more convincing recovery would include: Bitcoin reclaiming $64,000. Price moving above the monthly point of control near $64,095. A pullback successfully defending the reclaimed area. Trading activity beginning to concentrate above $64,095 rather than immediately slipping back below it. If that sequence develops, approximately $65,050 becomes the next major value-area objective. What this means: Acceptance is more than touching a level. It means price spends time above it, survives pullbacks and begins treating the higher area as support. What would weaken the stabilization attempt? Failure to hold $62,920-$62,800 would weaken the current short-term base and increase the probability of another test of $62,535. The more serious bearish development would be sustained trade below $62,380. That would place BTC outside the previous month’s accepted value area and suggest that the market may need to search for demand at lower prices. Traders should still distinguish between a brief move below $62,380 and genuine acceptance beneath it. Crypto markets can produce fast stop-runs through visible support before reversing. Repeated closes or continued trading below the level would carry more bearish significance than a momentary sweep. What Bitcoin traders may consider watching Different traders may use these levels in different ways, at their own discretion: Short-term breakout confirmation: Watch whether BTC can break above $63,175 and successfully retest it, with $63,247-$63,270 providing the next validation area. Support-zone reaction: If BTC returns to $62,380-$62,535, watch whether buyers defend it again or whether selling begins to hold below the zone. 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