XRP Slides Below Key Moving Averages as ETF Outflows and Short Bias Build
XRP traded near $1.10 to $1.33 across late May reporting, depending on the source and timestamp, as its price fell below major moving averages. Analysts cite $529,510 in weekly US spot XRP ETF outflows and a long-to-short ratio of 0.89 as signs of persistent selling pressure.
Written by CoinArticle’s AI Newsroom · from 2 cited sources. How we work
Price Action and Source Discrepancies
XRP's price is reported differently across two sources, largely because they were written at different points in the same downtrend. CryptoPotato put XRP at $1.33 as May drew to a close, describing a slow drift toward its lowest levels since March. CoinJournal, writing on a Monday, put XRP at about $1.097 after a decline of more than 10% over the prior week. The gap between the two figures reflects the timing of the reports rather than a dispute over the market itself, and readers should check a live price feed for the current level.
Both sources agree on the direction. XRP has been trading below its 100-day moving average, and the 200-day average continues to decline. CryptoPotato identifies the 100-day average near $1.40 as overhead resistance and the 200-day near $1.60. CoinJournal places its 50-, 100- and 200-day exponential moving averages in a cluster between $1.302 and $1.360, which is a tighter band but describes the same overhead zone.
Institutional Flows and Derivatives Positioning
CoinJournal, citing SoSoValue, reports that US spot XRP ETFs recorded $529,510 in net outflows last week, ending two consecutive weeks of inflows. The amount is small relative to the size of the broader market, but the reversal in direction is the figure the report emphasizes.
Derivatives data points the same way. According to CoinGlass, XRP's long-to-short ratio fell to 0.89, approaching its lowest level in more than a month. A reading below one means short positions outnumber longs in the measured market. CoinJournal also cites CryptoQuant, which reports large whale orders across spot and futures with persistent sell-side dominance, alongside heating conditions in the spot market.
Macro Backdrop
CoinJournal links the selling to US monetary policy expectations. Stronger-than-expected Nonfarm Payrolls data reinforced the view that the Federal Reserve could keep rates restrictive for longer or raise them again. According to CME FedWatch figures cited by the report, the implied probability of a December rate hike rose to about 78.7% from 72.8% before the employment release. CryptoPotato does not attribute the move to a specific catalyst, describing instead a grinding decline without a clear trigger.
Technical Levels to Watch
The two sources agree that the next major support sits near $1.00 to $1.20, though they frame it differently. CryptoPotato calls the $1.20 band a demand zone and says a daily close below it would be the first breach since February, with a further move toward $0.60 possible. CoinJournal treats the psychological $1 level as the immediate test and notes that no clear support is established beneath it.
On the upside, CoinJournal identifies $1.160 as the first resistance a recovery would need to reclaim, with $1.300 as the next zone where selling interest may appear. CryptoPotato sets its recovery threshold at $1.40, the 100-day average. Momentum readings also differ in emphasis. CoinJournal reports a daily RSI near 26, which is oversold and could support a temporary bounce, while CryptoPotato cites an RSI around 40 with no sign of a floor forming. Both sources note the MACD or momentum picture remains weak.
XRP Against Bitcoin
CryptoPotato's analysis covers the XRP/BTC pair, which traded near 1,760 sats and was testing a recent low around 1,730 sats. The author expects XRP to continue underperforming Bitcoin in the near term, citing a market that remains largely unoptimistic about Ripple. This view is not addressed in the CoinJournal piece.
Why It Matters
For Traders
Reported prices differ by more than 20% across sources, so confirm the live level before acting on the $1.00, $1.20 and $1.40 reference points cited here.
For Investors
Persistent ETF outflows and macro-driven rate-hike pricing suggest institutional demand for XRP has weakened for now, though one week of flows is a limited signal.
For Builders
Applications with XRP-denominated treasury or pricing assumptions should stress-test scenarios that include a break below $1.00 given the thin support cited.
This article is for information only and is not financial advice. Read the full disclaimer.
