XRP Price News: XRP At Risk Of Breaking $1.13 Support as Exchange Inflows Keep Rising

XRP (XRP) has gone up by nearly 2% in the past 24 hours but is still at risk of losing its key support at $1.13 as inflows to exchanges continue to spike.

It has been a bad month for this altcoin, as its value has shrunk by 16% in the past 30 days as macroeconomic conditions have worsened.

We expected that XRP would rally strongly after bouncing off the $1.13 mark, but market sentiment continues to be heavily depressed as the United States has seen inflation more than double the Federal Reserve’s target inflation.

This week, the FOMC gathered for the first time since the new Chairman of the Fed, Kevin Warsh, took over the institution’s lead role.

As expected, the Committee left rates unchanged. However, during his first presser, Warsh emphasized that inflation was a “choice,” and the market interpreted this as a sign that the Fed would make the necessary decisions to prevent prices from spiraling out of control.

Analysts now expect a rate increase of as much as 50bps by September, although it is highly likely that the Fed will settle for a 25bps hike.

This contributed to depressing the valuation of crypto assets as it implies a strong departure from the baseline scenario for rates we had at the beginning of the year.

If rates start rising, we could be entering the beginning of another leg down for the crypto market as a whole. Kind of like what we saw between 2021 and 2022, when the Fed raised rates rapidly to contain inflation.

Exchange Inflows Spike to Highest Level Since August 2025

In XRP’s cases, we have been tracking a key on-chain metric that tends to be a good predictor of upcoming declines in the price.

Exchange inflows, a metric that tracks how many XRP tokens are being transferred from external wallets to exchanges, have been increasing since April 2026, moving from 5.1 million tokens to 16.5 million XRP as of today.

This means that deep-pocketed investors could be preparing to dump a significant amount of XRP at a point when the macro backdrop has changed in favor of bears.

For this reason, we see high odds of a break below $1.13 if that happens, especially as trading volumes are quite thin.

Thin Volumes Increase the Odds of a Bearish Breakout

In the past 24 hours, less than $1 billion worth of XRP has exchanged hands, meaning 1.4% of the token’s circulating market cap.

If we break below this key support, XRP would risk a significant drop to $0.80, meaning a potential loss of 29%.

Heading to the charts, we can see that the token has dropped for four days in a row. Today’s bounce is just too weak, as indicated by these low volumes.

Although the Relative Strength Index (RSI) has just come out of oversold levels, this could be a technical bounce before the downtrend resumes.