Key Takeaways
- XRP has declined 12% over five trading days, breaching critical support at the $1.40 threshold
- Technical analysis reveals a bear pennant formation on the three-day timeframe projecting a potential move to $0.65
- The Stoch RSI indicator on the weekly chart has triggered its third “death cross” signal since July 2025’s peak
- XRP spot ETF products have maintained positive net inflows for nine consecutive sessions, accumulating $95.5 million
- Weekly flow data shows XRP investment products outperformed both Bitcoin and Ethereum ETPs through May 15
XRP faces mounting downward pressure following a 12% retreat over the past five sessions, with the digital asset slipping beneath the crucial $1.40 threshold. Chart patterns suggest additional downside risk may lie ahead, even as institutional participation through ETF vehicles maintains its upward trajectory.
The XRP/USD trading pair has been forming a bear pennant consolidation structure on the three-day timeframe dating back to early February. This technical formation received confirmation when the asset breached the pattern’s lower boundary at $1.40. Based on traditional technical analysis methodology, the measured move from this pattern projects a downside objective near $0.65, representing approximately a 52.5% decline from present trading levels.
Adding to the bearish technical outlook, the weekly Stochastic RSI indicator has generated a death cross configuration. Technical analyst ChartNerd highlighted on X platform that this marks the third occurrence of this particular signal following the all-time high recorded in July 2025.
ChartNerd observed that the two previous death cross formations each led to price corrections approximating 50%. The analyst emphasized that “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.”
The daily Relative Strength Index has deteriorated from 63 to 42 during the past week, indicating accelerating negative momentum.
Examining the hourly timeframe reveals a descending trend line has developed with resistance positioned at $1.3720. XRP currently trades beneath $1.3880 and has slipped below the 100-period Simple Moving Average on the hourly chart.
Critical overhead resistance zones include $1.3650, $1.3720, $1.3940, and $1.40. Bulls would need to achieve a decisive breakthrough above $1.4250 to reverse the near-term bearish bias.
Regarding support levels, the first line of defense appears at $1.3465, with secondary support at $1.3350. Should XRP close below $1.3350, the asset could gravitate toward $1.3220, with $1.3120 representing the next significant level below that.
Market observers have previously identified $1.27 as a pivotal threshold. A definitive break beneath this level could expose XRP to a move toward $1.11, with the psychological $1.00 level potentially coming into focus thereafter.
Institutional Demand Through ETFs Persists
Contrary to the price action, institutional appetite has demonstrated resilience. United States-based XRP spot ETF products registered net inflows of $750,000 on Monday’s trading session, marking the ninth consecutive day of positive flows. Cumulative inflows throughout this nine-day period totaled $95.5 million, elevating overall inflows to approximately $1.4 billion while pushing assets under management to $1.14 billion.
Cryptocurrency analytics account Whale Insider shared on X that “ETF clients buy $1.48 million worth of $XRP, bringing total ETF-held net assets to $1.12 billion.” The observation underscores that institutional accumulation through regulated investment vehicles has persisted throughout the spot market decline.
XRP Investment Products Lead Bitcoin and Ethereum in Weekly Flows
Globally tracked XRP investment products recorded weekly inflows totaling $67.6 million during the period concluding May 15. By contrast, Bitcoin and Ethereum investment vehicles experienced outflows of $981.5 million and $250 million respectively throughout the identical timeframe.
According to SoSoValue tracking data, aggregate XRP ETF assets under management currently stand at $1.14 billion.
