XRP (XRP) has dropped by more than 4% in just 24 hours, outpacing the losses that other altcoins have experienced during this same period after rejecting a move above a key resistance.
While Ethereum (ETH) and BNB (BNB) have retreated by just 1.7%, the native asset of the XRP Ledger is dipping to $1.40 for the third consecutive day, pushing its 30-day losses to 27%.
Despite the decline, exchange-traded funds (ETFs) linked to this token have kept bringing in positive inflows. Last week, they received $7.5 million, bringing this month’s net inflows to nearly $45 million.
XRP ETF Inflows in February – Source: SoSoValue
Wall Street’s interest in XRP continues to be strong, but market sentiment remains heavily depressed.
Hence, even though investors seem to be taking advantage of this recent drop to load up on the token, this demand has not been enough to change the asset’s course.
XRP remains the most resilient token of the top 5, performing better than Bitcoin (BTC) since the year started with a 23.5% loss.
As we shared in a recent XRP price prediction, exchange inflows spiked recently, increasing the odds of a big dump once the token reached $1.55.
XRP Exchange Inflows – Source: Santiment
This is exactly what happened. We can see that inflows dropped sharply right after the token hit this mark, as whales offloaded their holdings during the weekend, when liquidity tends to be thinner.
This is a pattern that has repeated multiple times in the past few months, confirming that selling pressure remains high even after XRP has dropped more than 60% below its 2025 high.
The daily chart shows a big upper wick in the February 15 candle that confirmed this view, which could have potentially set off a downward move to $1.15 now.
XRP/USD Daily Chart – Source: TradingView
Trading volumes rose above the 14-day moving average back then, and even though the Relative Strength Index (RSI) has jumped above the signal line, there are no indications that the token is ready to make a comeback.
Despite this retreat, we believe that $1.15 could be a local bottom for XRP. A relief rally may start once the token hits that mark, and could end up pushing it back to $1.55 in the near term.
We may expect some sideways consolidation down the road for XRP. These two key levels will be the ones to watch to get confirmation about the token’s future path.
Heading to the 4-hour chart, we got two consecutive buy signals, the first one yielded a minor gain, while the second one popped up right after XRP hit the $1.55 level.
XRP/USD 4H Chart – Source: TradingView
Initially, it looked like the price action was going to break past that mark but the next three candles (12 hours) fully evaporated those hopes.
We are probably about to get a sell signal in this lower time frame, most likely during the American session when trading volumes rise high enough to trigger it.
The $1.20 – $1.15 range proved to be a strong demand zone. The market is probably heading there to find enough liquidity for its next move. A drop below would likely trigger a long squeeze, as the volume of stop orders below this key support should be high enough to pull that off.
Meanwhile, a strong bounce would confirm that institutional buying at that particular level remains quite high.
Alejandro Arrieche specializes in drafting news articles that incorporate technical analysis for traders and possesses in-depth knowledge of value investing and fundamental analysis.