Overview
- XRP trades around $1.55–$1.60 after losing the $1.77 swing low, placing price at a decisive support band highlighted by multiple analysts.
- Perpetuals funding flipped negative to multi‑week lows, and long positions saw heavy liquidations with about $57 million wiped out Sunday after $69 million the day before.
- Spot XRP ETFs recorded sizable withdrawals, including roughly $52 million in a single day a week after a $40 million drop, leaving the month with only about $15 million in net inflows.
- On‑chain usage weakened, with XRP Ledger transactions falling to about 1.03 million from 1.88 million and active accounts sliding to roughly 11,000 from 21,000 week over week.
- Glassnode says market structure resembles April 2022 as price nears the $1.48 Realized Price, while traders warn of $1.30–$1.00 downside if support breaks and others see favorable risk/reward at current levels.