Loading market data...

XRP Slips to 15-Week Low as Selling Pressure Mounts

XRP Slips to 15-Week Low as Selling Pressure Mounts

XRP touched a 15-week low of $1.18 on Thursday, briefly stabilizing near $1.20 after a sharp selloff. The move broke below the $1.25 support level on a volume surge of 205.7 million XRP, pushing the token into its deepest weekly drawdown since late February. At the time of writing, XRP was trading in the $1.21–$1.26 range, down 2% over 24 hours and 7% over the past seven days.

Technical Picture Darkens as Key Averages Turn Down

The 4-hour chart remains bearish. Both the 50-day and 200-day moving averages have been declining since May, offering no near-term relief. Immediate support sits at $1.21, with a hard floor at $1.18. If XRP closes below that level, the stabilization thesis is invalidated, opening the door to further decline. On the upside, resistance clusters at $1.32, $1.36, and $1.38 — a long climb from current prices.

Exchange Outflows Signal Accumulation Despite Fear

Over 25 million XRP have been withdrawn from exchanges recently, a pattern that typically indicates supply contraction and potential accumulation. Binance XRP inflows fell to the lowest levels of 2026, suggesting holders are moving tokens into cold storage rather than selling. Still, the Fear & Greed Index for XRP sits at 23 — extreme fear territory. The market is clearly skittish, but the withdrawal data hints that some traders see value at these levels.

LiquidChain’s Layer 3 Test Token Raises $820K

Separately, a Layer 3 infrastructure protocol called LiquidChain is gaining attention. Its token, priced at $0.01466, has raised $820K in its presale phase. The project aims to unify liquidity across Bitcoin, Ethereum, and Solana. While small compared to XRP's daily volume, the raise shows risk appetite isn't completely dead.