XRP/USD Price Forecast: $2.27 at Risk with $37M Outflows—Watch Now
XRP ends 80-week inflow streak with $37M outflows, falling to $2.27. Watch for a breakout above $2.35 or a bearish slide.
Quick overview
After an impressive 80-week run of steady inflows, XRP investment products saw a sharp reversal, recording $37.2 million in outflows last week. XRP’s price has been feeling the pressure, slipping 2.6% in the past 24 hours to hover around $2.28. This shift comes as institutional investors pivot toward Bitcoin and Ethereum, reshaping digital asset flows.
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XRP’s year-to-date inflows still total $226 million, but May has seen a net outflow of $28.6 million.
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Assets under management (AUM) in XRP-based products stand at $1.36 billion.
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Bitcoin and Ethereum led the inflows last week with $2.9 billion and $326 million, respectively.
Altcoins such as Solana, Cardano, and Sui also attracted significant capital, reflecting a broader market shift. Sui, for instance, saw $2.9 million in inflows last week, with year-to-date inflows hitting $23.9 million.
XRP Technical Outlook: Key Levels in Play
XRP/USD is consolidating inside a descending triangle pattern, with lower highs squeezing toward support at $2.27. Currently, XRP trades near $2.32, just below key resistance at $2.33 (50-period EMA) and $2.35 (200-period EMA).
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Candlestick formations—spinning tops and doji—around these levels show indecision.
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MACD shows a modest bullish crossover, hinting at potential upward momentum.
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A breakout above $2.35 could target $2.41 and $2.47, especially if accompanied by a bullish engulfing or three white soldiers pattern.
However, failure to hold $2.27 support could trigger a deeper pullback to $2.22, especially if bearish engulfing or three black crows patterns emerge.
XRP/USD Trade Watch: Breakout or Breakdown?
For traders eyeing XRP’s next move, confirmation is key. Watch for:
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Bullish Setup: A break above $2.35 on strong volume and clear bullish patterns may confirm upside potential toward $2.41–$2.47.
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Bearish Setup: A dip below $2.27 with heavy selling and bearish candlesticks could signal a move to $2.22.
XRP’s recent price action underscores the market’s shifting sentiment, with broader flows favoring Bitcoin and Ethereum. Patience and confirmation are crucial in navigating this setup, especially as XRP tests major support and resistance levels.
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