XRP steadies above $1.10 after four-month lows

XRP recovered from four-month lows on elevated volume, but the token remains capped below key resistance as ETF inflows and exchange outflows continue to build. More than 25 million XRP left exchanges in recent days, while XRP-linked ETF products drew roughly $118 million in inflows during May, pushing cumulative inflows toward $1.4 billion.

Analysts and forecasting models increasingly view the $1.10-$1.20 area as a potential stabilization zone after a 17% weekly decline. Price action showed a modest rebound: XRP gained 1.6% on the session, rising from lows near $1.09 and climbing back toward $1.14.

The strongest move came during the 22:00 UTC session, when volume surged to 145.3 million XRP and price pushed through resistance near $1.1350. Momentum faded into the close, with a slip from $1.1488 to $1.1386 before buyers stepped back in near support. Technically, the token remains inside a descending channel despite the bounce, easing immediate downside pressure without breaking the pattern of lower highs.

xrp, xrp etf, etf inflows, exchange outflows, volume surge, resistance level, support, descending channel, price rebound, weekly decline