- The coin has failed to break above $3.00 for two consecutive weeks.
- Capital outflows are outweighing inflows, weakening momentum.
- A drop to $2.74 is likely if selling continues.
XRP is struggling to clear the $3.00 threshold, with repeated attempts over the past two weeks falling short. The altcoin has been unable to sustain 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 from both new and existing participants, leaving the cryptocurrency in a consolidation phase.
Source: CoinMarketCap
With capital outflows outpacing inflows, XRP’s price action continues to depend heavily on investor sentiment and the ability of demand to recover in the short term.
New addresses slump to two-month low
On-chain metrics highlight a key reason behind XRP’s stagnation. The number of new addresses created—tracked by first-time transactions—has fallen close to a two-month low.
This decline signals waning interest from new participants, limiting the inflow of fresh capital into the network.
Without new investors entering, XRP faces reduced demand pressure, making it more difficult to generate the buying volume necessary for a sustained rally.
Existing holders have also failed to provide sufficient buying momentum, weakening overall support for the asset.
Capital outflows weigh on XRP
Wider capital trends reinforce the same weakness. The Chaikin Money Flow (CMF), which monitors capital inflows and outflows, has dropped to a nine-month low.
That indicates selling activity is outpacing buying interest, a bearish sign for XRP’s near-term performance.
The tightening capital pool highlights how outflows are amplifying the recent downward trend.
With reduced liquidity flowing into the market, XRP has struggled to establish solid support levels, leaving it vulnerable to further price declines.
Over the past two weeks, the coin has failed to hold gains above $2.95, signaling that sellers remain dominant. Weak volume reflects the lack of confidence that has hampered XRP’s attempts to stage a breakout since mid-August.
Trading patterns show limited upward moves that are quickly sold, underscoring the difficulty of sustaining momentum and reinforcing investor caution.
Market watchers note that persistent selling pressure could delay any meaningful recovery for weeks.
XRP price outlook remains under pressure
At present, 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 shifts and XRP reclaims $2.95 as support, it could attempt to retest higher thresholds.
Clearing $3.07 and then $3.12 would provide confirmation of renewed bullish momentum, invalidating the current bearish outlook.
The coming sessions will be critical in determining whether investor confidence returns and brings the inflows XRP needs to break above $3.00, or whether the coin continues to trade under the pressure of weak demand.
Address and capital flow data suggest that until stronger participation emerges, XRP’s price is likely to remain confined within its current range.