- The coin failed to break above $3.00 for two consecutive weeks.
- Capital outflows outweigh inflows, with weakening momentum.
- A drop to $2.74 is likely if selling persists.
XRP is struggling to climb above the $3.00 mark, with repeated attempts over the past two weeks failing to hold. The altcoin has lacked sustained momentum, weighed down by weak investor support and shrinking inflows.
At the time of writing, XRP is trading at $2.87, remaining below the $2.95 resistance zone. Market data show reduced activity among both new and existing participants, leaving the cryptocurrency in a consolidation phase.
Source: CoinMarketCap
With capital outflows outweighing inflows, XRP’s price trend remains heavily dependent on investor sentiment and whether demand can rebound in the short term.
New address growth falls to a two-month low
On-chain metrics highlight a key reason for XRP’s stagnation. The number of newly created addresses, measured by initial transactions, has dropped to near a two-month low.
This decline signals diminishing interest from new participants, limiting fresh capital entering the network.
Without new investors joining, XRP faces reduced buying pressure, making it difficult to generate the volume needed for a sustained rally.
Existing holders have also failed to provide sufficient momentum, resulting in weaker overall support for the asset.
Capital outflows weigh on XRP
Broader capital trends underscore the same weakness. The Chaikin Money Flow (CMF), which tracks inflows and outflows of capital, has fallen to its lowest level in nine months.
That indicates selling activity is outpacing buying interest—a bearish signal for XRP’s short-term prospects.
The shrinking pool of capital illustrates how outflows are reinforcing the recent downtrend.
With reduced liquidity entering the market, XRP is struggling to establish stable support levels, leaving it vulnerable to further price declines.
Over the last two weeks the coin has failed to sustain gains above $2.95, indicating sellers remain dominant. Weak volumes reflect a lack of conviction that has hampered XRP’s breakout attempts since mid‑August.
Trading patterns show limited bullish moves are quickly sold into, which further inhibits momentum and deepens investor caution.
Market observers note that persistent selling pressure could delay any meaningful recovery by several weeks.
XRP’s price trend remains under pressure
For now, XRP remains capped below the $2.95 resistance level. Continued lack of buying activity could push the price down toward $2.74, where consolidation is more likely.
Conversely, if sentiment improves and XRP reclaims $2.95 as support, it could attempt to retest higher levels.
A decisive move above $3.07, and then $3.12, would confirm renewed momentum and invalidate the current bearish outlook.
Upcoming sessions will be critical in determining whether investor confidence returns and brings the inflows needed to lift XRP above $3.00, or whether the coin continues to trade under the pressure of weak demand.
Address and flow metrics suggest that, until stronger participation emerges, XRP’s price will likely remain range‑bound for the near term.