XRP fell 5% to near $1.09 amid forced selling, testing critical support levels despite $1.5 billion in ETF inflows.
XRP extended losses to 5%, slipping below $1.10 for the first time in months as high-volume liquidations overwhelmed support near $1.20. The token briefly hit $1.09 before dip buyers intervened, leaving traders to assess whether the selloff signals capitulation or a deeper decline.
Despite $4 million in fresh XRP ETF inflows—bringing cumulative inflows to $1.5 billion—sentiment soured as the token fell behind USDC in market value. The broader crypto Fear & Greed Index dropped into extreme fear, reflecting heightened risk aversion.
Analysts now view $1.09 to $1.10 as critical support, with $1.12 to $1.13 as the first resistance zone. A sustained rebound above these levels is needed to shift the bearish trend.