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XRP consolidates while spot ETF flows turn negative
XRP price has entered a consolidation phase this week as spot-market volume cooled and exchange-traded funds recorded their largest weekly outflow since launch. The token was trading around $1.9172 in recent sessions, roughly 20% below its year-to-date high of $2.41.
Ripple XRP xrp 0.45%
Spot XRP ETFs post largest weekly outflow
Data from SoSoValue shows that spot XRP ETFs experienced more than $40 million in outflows this week — the worst weekly result since these ETFs debuted in November. Cumulative inflows since inception now stand near $1.23 billion, but this marks the first weekly reversal. 21Shares’ TOXR product was hit hardest among the ETF suite.
Stablecoin metrics: RLUSD growth stalls
Third-party on-chain and market data indicate that the Ripple USD (RLUSD) stablecoin is no longer showing the same growth momentum observed earlier. RLUSD has a market cap of approximately $1.3 billion, largely unchanged over the past months.
Ripple USD Ripple USD rlusd 0.02%
On a positive note, Binance added RLUSD to its listings this week, opening access for millions of users. Additionally, a planned Wormhole integration could expand RLUSD liquidity across more chains, potentially boosting adoption and utility.
Macro and cross-asset context
XRP’s relative weakness mirrors broader risk-on and rotation dynamics across crypto and traditional markets. Bitcoin has retreated to about $89,000 while Ethereum slipped below $3,000. At the same time, many investors have rotated into equities, with the Dow Jones and S&P 500 trading close to all-time highs. Safe-haven assets such as gold and silver have posted strong gains this year, drawing some capital away from cryptocurrencies.
Technical outlook: bearish pennant and near-term targets
On the eight-hour chart, XRP has pulled back from a recent peak of $2.4145 to roughly $1.9175. Price action is trading below both the 50-period simple and 50-period exponential moving averages, signaling bearish control in the short term.
The token appears to have formed a bearish pennant — composed of a steep vertical decline followed by a converging symmetrical triangle. That triangle is nearing its apex, which increases the probability of a bearish breakdown in the coming weeks.
A confirmed breakdown would likely target the next key support at $1.7712, the December 19 low. That level sits roughly 7.65% below the current price and would be the immediate focal point for traders and risk managers watching XRP.
What traders should watch
Watch ETF flow updates, RLUSD liquidity expansions (including Wormhole integrations), and on-chain volume. From a technical perspective, a close below the triangle’s lower trendline and the 50-period EMA would increase downside risk, while a reclaim above $2.20-$2.40 would relieve selling pressure and invite renewed upside attempts.
Overall, XRP faces a cautious near-term outlook as ETF outflows and broader market rotations shape sentiment.
Source: crypto
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