XRP Price Stalls at Historic Low as Institutional Confidence Persists
The XRP price is facing a critical moment as it tests a long-term support zone after reaching its weakest technical momentum on record. According to crypto analyst Cryptollica, the XRP price has entered one of its weakest technical phases in over 13 years of market history.
This oversold reading exceeds those seen during previous market downturns, including 2014, 2018, 2020, and 2022. Historically weak, the XRP price is testing a key long-term support area that has traditionally attracted buying interest.
Despite this technical vulnerability, continued inflows into spot XRP exchange-traded funds (ETFs) highlight sustained institutional confidence in the asset. Inflows have reached $14.86 million over the past week, with Bitwise topping the list at $10.15 million and Franklin Templeton's XRP following closely behind.