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Reading: Major fund inflow into $XRP reaches 20.3 million dollars! Why is the price barely reacting?
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COINTURK NEWS > Cryptocurrency News > Major fund inflow into $XRP reaches 20.3 million dollars! Why is the price barely reacting?
Cryptocurrency News

Major fund inflow into $XRP reaches 20.3 million dollars! Why is the price barely reacting?

In Brief

  • 🚨 XRP funds attracted a striking 20.3 million dollars while overall crypto funds saw 1.5 billion dollars flow out.

  • 📉 Despite the surge, $XRP dropped to nearly 1.14 dollars and gave back recent gains.

  • 🔍 Investors are closely watching the 1.14 dollar support as technical pressure mounts.

İlayda Peker
İlayda Peker 2 months ago
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Despite a surge in capital inflows toward XRP and an increase in tokens being withdrawn from exchanges, the cryptocurrency’s price remains under pressure. Weekly data reveal that investment products focused on XRP attracted 20.3 million dollars, even as the wider digital asset fund market experienced a net outflow of 1.5 billion dollars. Nevertheless, XRP’s price slipped from 1.2360 dollars to 1.1497 dollars in the past 24 hours, briefly testing the 1.14 dollar mark during the trading day.

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Contents
Fund inflows persist as price struggle continuesTechnical outlook highlights support and resistance levelsIndicators highlight risk of further breakdown

Fund inflows persist as price struggle continues

A key contradiction in the market is that positive signals have so far failed to translate into strength for prices. Over 25 million XRP tokens have recently been pulled from exchanges, a trend typically perceived as a sign of long-term accumulation rather than immediate selling pressure. Yet trading activity suggests that investors are currently paying closer attention to technical support levels than to these accumulating indicators.

While weekly inflows to XRP investment products reached 20.3 million dollars, net capital left digital asset funds overall by 1.5 billion dollars, a striking divergence.

This week also marked the 14th anniversary of the XRP Ledger, initiated in 2012 with a total supply cap of 100 billion tokens. Still, recent price action suggests that neither the anniversary nor the influx of new capital was enough to meaningfully shift market direction on its own.

Technical outlook highlights support and resistance levels

Analysts note that the pressure intensified after the price fell below 1.25 dollars, previously a major springtime support. This drop erased all gains within the 1.20 to 1.60 dollar range achieved over the last four months. Market participants are now revisiting the support levels that were tested during February’s sharp correction.

Trading volume spiked notably during these support tests. As the price dipped to 1.14 dollars, total daily volume climbed to 248.2 million XRP—one of the largest volume surges of the week. Although a short-lived recovery ensued, subsequent volume quickly normalized again, raising doubts about the sustainability of the bounce.

IndicatorLevel
24-hour high$1.2360
Near 24-hour close$1.1497
Closest support zone$1.14 to $1.15
Lower supports$1.11 and below $1.00
First major resistance$1.28

Indicators highlight risk of further breakdown

The monthly RSI fell below 43, a level rarely seen in XRP’s history and often coinciding with broader market resets. Nevertheless, experts caution that such a reading does not always mark an immediate bottom.

A rally attempt in January stalled near 2.40 dollars, while a second recovery bid in May failed to surpass 1.54 dollars. Back-to-back unsuccessful rallies have amplified the prevailing downward trend. Consequently, the main concern now is not just the descent itself, but the inability of rebounds to gain lasting momentum.

The 1.14 to 1.15 dollar range currently stands as the nearest short-term support, but lasting stabilization will be hard to achieve unless 1.28 dollars is reclaimed as a resistance-turned-support level.

Analysts warn that if 1.14 dollars fails to hold, focus may quickly shift to 1.11 dollars and eventually sub-1.00 dollar territory. While inflows, withdrawal of XRP from exchanges, and activity among major holders all hint at potential accumulation, the market is still waiting for price confirmation of these signs.

You can follow our news on X, Telegram, Facebook & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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İlayda Peker 4 June, 2026 - 7:31 pm 4 June, 2026 - 7:31 pm
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İlayda Peker
By İlayda Peker
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The author, who holds a degree in International Relations and Political Science, has 10 years of experience as a writer and editor in the fields of cryptocurrency, blockchain technologies, and digital asset markets.While at COINTURK, he has published over 8,500 news articles, analyses, essays, and reports on Bitcoin, altcoins, cryptocurrency markets, the blockchain ecosystem, digital asset regulations, and global financial developments. Closely following market movements and industry developments, the author addresses the complex world of cryptocurrency in a clear and reader-friendly manner.An avid reader, the author also evaluates the impact of international developments on financial markets and the digital asset ecosystem.
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