XRP Hits Record Oversold Levels as Spot ETF Inflows Signal Sustained Institutional Demand
Key Takeaways
- •XRP's monthly momentum indicator has reached its lowest recorded level, exceeding oversold readings observed during the 2014, 2018, 2020, and 2022 cryptocurrency market downturns.
- •The token is currently priced at $1.08 with a market capitalization of $67.55 billion and a 24-hour trading volume of $1.05 million.
- •Spot XRP exchange-traded funds attracted $14.86 million in weekly inflows, with Bitwise leading at $10.15 million and Franklin Templeton contributing $4.70 million.
- •Bitwise has accumulated $511 million in total XRP ETF inflows, while Franklin Templeton's cumulative total has reached $426 million.
- •The near-term price direction will hinge on whether buyers can hold the current long-term support level amid ongoing ETF-related capital inflows.
XRP is testing a critical long-term support zone after its monthly momentum indicator fell to the weakest reading on record, even as continued inflows into spot XRP exchange-traded funds underscore sustained institutional interest in the asset. For traders and fund watchers alike, that combination matters because technical stress and regulated-product demand are pointing in different directions at the same time, keeping attention on whether recent participation can help stabilize price action.
At the time of writing, XRP is trading at $1.08 with a 24-hour trading volume of $1.05 million and a market capitalization of $67.55 billion, according to CoinMarketCap. While the token has shown signs of stability over the past 24 hours, both its technical structure and ETF growth trends are drawing attention from market participants.
Historic Oversold Conditions
Crypto analyst Cryptollica reports that XRP has entered one of its weakest technical phases in more than 13 years of market history, with monthly momentum reaching its lowest recorded level. According to the analyst, this oversold reading exceeds those observed during the 2014, 2018, 2020, and 2022 market downturns, signaling an unusually deep correction as price approaches long-term ascending support.
Despite the historically weak momentum, XRP is currently testing a long-term support area that has traditionally attracted buying interest. Market participants are watching whether this technical level will lead to a recovery above the $50 mark or give way to additional losses.
XRP Spot ETFs Record $14.86 Million in Weekly Inflows
Data shared by BankXRP indicates that over the past week, spot XRP ETFs brought in $14.86 million in inflows, a sign that institutional investors remain engaged despite broader uncertainty in the cryptocurrency sector.
Bitwise led the week with $10.15 million in inflows, bringing its cumulative total to $511 million. Franklin Templeton's XRP ETF followed with $4.70 million in weekly inflows, raising its cumulative total to $426 million. These figures reflect a continued expansion of regulated investment vehicles tied to XRP and add another layer to the current debate over whether ETF demand can offset a weakening technical backdrop.
Key Levels in Focus
The near-term trajectory of XRP will hinge on whether buyers can hold the current support level amid ongoing ETF-related capital inflows. Should the support level break, further downside may follow. The coming price action is expected to be a critical determinant of XRP's broader market direction.