XRP Faces Further Sell-Off as ETF Flows Hint at a Turnaround
XRP has been in a heavy downturn after a mid-July 2025 all-time high, dropping more than 70% and testing around the $1.00 area. The article highlights rising bearish expectations that XRP could break down further if the $1.00 support fails, with cited next key levels at $0.80, $0.62, and $0.51.
On-chain and sentiment indicators are turning more negative. Glassnode data suggests XRP holders are realizing more losses than profits, pointing to intensified selling even among investors already in drawdown. Technical traders also reference “oversold” conditions, where downside may continue near-term but the risk-reward can improve once selling pressure exhausts.
A key counterpoint is ETF-related flows. The piece claims XRP-tracking ETFs have recorded eight consecutive weeks of green performance, while BTC and ETH ETFs have seen outflows. It also notes momentum shifts by month: June is projected to close down over 20% (worst since Feb 2025), while July has closed green for six straight periods, with several double-digit gains and a median rise near 11%.
Analysts cited include Ali Martinez, with the broader theme that extreme pessimism often coincides with market turning points. The article frames the current setup as a potential “risk-reward zone” for XRP if volatility persists but selling pressure eventually fades.
Neutral
The article is bearish on the near-term path for XRP (possible breakdown from $1.00 toward $0.80/$0.62/$0.51) because loss-realization and selling pressure look to be rising. However, it also provides a credible counter-signal: XRP ETF performance reportedly remained green for eight consecutive weeks while BTC/ETH ETFs saw outflows, and it argues oversold conditions may create a contrarian “risk-reward zone.”
Historically, crypto often bottomed or staged sharp rebounds when sentiment collapsed and weak hands exited—similar to the mid-June sentiment dip followed by a rapid Santiment-attributed rebound mentioned in the piece. For traders, the likely implication is a two-stage market: (1) short-term volatility and potential further downside if $1.00 fails, (2) improved odds of a stabilization/rebound if selling exhaustion coincides with continued ETF bid support. Long-term, persistent ETF inflows could help limit drawdowns even if price action remains choppy.