XRP has descended to its lowest valuation in 15 weeks, a decline precipitated by relentless selling pressure that has effectively neutralized significant exchange outflows. The asset recently slipped from $1.3384 to $1.3208, touching an intraday low of $1.314 before stabilizing near $1.32. This downward acceleration occurred immediately after the breach of the $1.3320 support level, accompanied by a trading volume surge to 55.03 million XRP. Data compiled by Woofun AI shows that over 25 million XRP were withdrawn from exchanges during this period, a metric traditionally interpreted as a bullish accumulation signal.

However, every attempt at a price rebound has been met with fresh sell orders, preventing these outflows from translating into upward momentum. This pattern indicates that sellers remain firmly in control, systematically absorbing any demand generated by the withdrawals.

Bearish sentiment has persisted despite notable capital inflows into spot XRP exchange-traded funds (ETFs). Cumulative inflows have reached approximately $1.42 billion, reflecting sustained institutional interest in the asset. Yet, this capital has proven insufficient to halt the downward trend, indicating that broader market forces and short-term trading dynamics are currently outweighing long-term accumulation strategies. Woofun AI notes that the divergence between fundamental accumulation signals and price action highlights a critical disconnect in current market mechanics. The immediate price trajectory suggests that short-term speculative selling is overpowering the structural support provided by institutional buying.

In the near term, $1.31 serves as a critical support level for the asset. A decisive break below this point could open the door to a test of $1.28, followed by the psychologically significant $1.20 mark. Conversely, on the upside, a move above $1.34 could trigger a cascade of liquidations for large short positions accumulated in the $1.34 to $1.40 range, potentially fueling a sharp rally. Traders are closely watching these levels for signs of a trend reversal or further downside. The current price action underscores the persistent volatility in the cryptocurrency market, where even strong fundamental signals like exchange outflows and ETF inflows can be overwhelmed by short-term selling pressure.

For investors, the breakdown below $1.33 suggests that bearish momentum may have further to run unless buying volume increases significantly. The next few trading sessions will be critical in determining whether XRP can establish a new support base or continue its descent. Woofun AI analysis suggests that until buyers can reclaim the $1.34 level, the path of least resistance remains to the downside. XRP's slide to a 15-week low highlights the challenge of sustaining bullish momentum in a market dominated by sellers. While exchange withdrawals and ETF inflows point to underlying demand, the immediate price trajectory depends on whether buyers can defend the $1.31 and $1.28 floors.