- The coin failed to break above $3.00 for two consecutive weeks.
- Capital outflows outweigh inflows, weakening momentum.
- If selling continues, a drop to $2.74 is likely.
XRP has struggled to break the $3.00 barrier, with repeated attempts over the past two weeks falling short. The altcoin has been unable to sustain upward momentum, weighed down by weak investor support and declining capital inflows.
At the time of writing, XRP is trading at $2.87 and remains below the $2.95 resistance zone. Market data show reduced activity from both new and existing participants, leaving the cryptocurrency in a consolidation phase.
Source: CoinMarketCap
With outflows dominating inflows, XRP’s price trend continues to depend heavily on investor sentiment and whether demand can recover in the short term.
New addresses fall to a two-month low
On-chain metrics highlight a key reason for XRP’s stagnation. The number of newly created addresses, as measured by first-time transactions, has dropped to nearly a two-month low.
This decline indicates waning interest from new participants, limiting fresh capital entering the network.
Without new investors joining, XRP faces reduced demand pressure, making it harder to generate the buying volume needed for a sustained rally.
Existing holders have also failed to provide enough support, contributing to the asset’s weaker overall backing.
Capital outflows weigh on XRP
Broader capital trends underline the same weakness. The Chaikin Money Flow (CMF), which tracks capital inflows and outflows, has fallen to a nine-month low.
That signals selling activity is outweighing buying interest, a bearish indication for XRP’s short-term performance.
The shrinking capital pool highlights how outflows are reinforcing the recent downward trend.
With reduced liquidity entering the market, XRP has struggled to establish firm support levels and remains vulnerable to further price drops.
Over the past two weeks the coin has failed to hold gains above $2.95, indicating sellers remain dominant. Weak volume reflects a lack of confidence that has hampered XRP’s breakout attempts since mid‑August.
Trading patterns show that limited upward moves are quickly sold into, making it harder to sustain momentum and increasing investor caution.
Market observers note that continued selling pressure could delay any meaningful recovery by weeks.
XRP price trend remains under pressure
For now, XRP remains capped below the $2.95 resistance level. Ongoing lack of buying activity could push the price down toward $2.74, where consolidation is more likely.
Conversely, if sentiment shifts and XRP reclaims $2.95 as support, it could attempt to retest higher thresholds.
A decisive break above $3.07 and later $3.12 would confirm renewed bullish momentum and would invalidate the current bearish thesis.
Upcoming sessions will be crucial in determining whether investor confidence returns and supplies the inflows needed to lift XRP above $3.00, or whether the coin remains pressured by weak demand.
Address and capital-flow data suggest that until participation strengthens, XRP’s price will likely stay confined within its current range.