XRP slid to $1.32 on Monday, marking its weakest print in more than three months, as selling pressure repeatedly overwhelmed signs of accumulation. The market is now caught between two conflicting signals: meaningful exchange outflows that typically indicate hodling, and price action that shows sellers dictating every attempted recovery. What happened - Price fell to a 15-week low after dropping from $1.3384 to $1.3208 on heavy volume (55.03 million), breaking support near $1.3320. - Selling extended toward $1.314 before a modest rebound returned XRP toward $1.32. - Over 25 million XRP left exchanges following a large inflow earlier in the week, suggesting some investors moved tokens into longer-term storage. - Spot XRP ETFs recorded fresh inflows, taking cumulative ETF flows to about $1.42 billion — demand that has so far failed to reverse the downtrend. - May’s deleveraging washed out much of the risk: most high‑risk long positions were liquidated as XRP bounced off roughly $1.28. Why this matters - Exchange outflows are normally constructive, signaling accumulation, but the price keeps getting sold into on rallies. In short, the on‑chain/flow picture is bullish while the tape is bearish. - The short-term structure remains weak after the breakdown below $1.3320. Until XRP reclaims key levels, sellers have the edge and continue to produce lower highs. Key levels to watch - Immediate support: $1.31. A break below would expose $1.28 and then $1.20. - First recovery hurdle: $1.34. Reclaiming this would be the first sign that buyers are returning. - Short-squeeze zone: $1.34–$1.40 contains a large short‑liquidation cluster — a break above this range could trigger a sharp rally toward $1.37 and $1.40. Bottom line The setup is unstable: flows and ETFs hint at accumulation, but price action confirms sellers remain in control. Traders will be watching whether buyers can reclaim $1.34 — or if sellers push XRP back toward $1.28 and lower. One side will have to give, and that move is likely to set the next clear directional trend. Read more AI-generated news on: undefined/news