XRP slides to 15-week low at $1.18 as on-chain signals…

XRP touched a 15-week low of $1.18 before stabilizing near $1.20–$1.21, after a surge to 205.7 million XRP in daily volume drove price through the $1.25 support level and triggered a cascade of technical selling. The token is down roughly 2% over 24 hours and 7% over the past week, with the Fear & Greed Index sitting at 23 — deep in Extreme Fear territory.

Why it matters

The unusual feature of this selloff is what the on-chain data is saying in the opposite direction. More than 25 million XRP have left exchanges in recent days — a supply contraction that historically signals accumulation rather than distribution. Binance inflows also fell to their lowest levels of 2026. That divergence between bearish price action and constructive on-chain positioning is the central tension in the current setup: exchange outflows and slowing inflows could act as a lagging tailwind, but technical selling has consistently overridden those signals this week.

Market impact

Three scenarios are in play heading into the next few sessions. A defended $1.21 floor with drying volume could allow XRP to grind back toward the $1.27 resistance cluster. Sideways consolidation in the $1.20–$1.24 range is the base case. A close below $1.18, however, would invalidate the current stabilization thesis and open the door to a deeper flush. The 50-day and 200-day moving averages are both declining, with resistance stacked at $1.32, $1.36, and $1.38.