PWC News
Tuesday, June 16, 2026
No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
No Result
View All Result
PWC News
No Result
View All Result

XRP ETFs Post Record Outflows as Ripple Extends Price Slide

Home Cryptocurrency
Share on FacebookShare on Twitter


Be a part of Our Telegram channel to remain updated on breaking information protection

XRP value faces heightened draw back dangers following huge outflows from US Spot XRP exchange-traded funds (ETFs) amid risk-off sentiment within the broader crypto market.

Rising US and Japan bond yields sign macroeconomic stress, dragging the entire crypto market capitalization 32% beneath its October 2025 peak.

BTC, ETH, and XRP retested their lowest ranges in additional than two weeks after crypto and inventory markets digested US President Donald Trump’s recent spherical of tariff threats.

The potential tariffs are an try by the administration to persuade Denmark to rethink its management of Greenland.

The S&P 500 index fell 1.9%, whereas gold costs surged to a brand new all-time excessive of round $4,885/ounce, and the crypto market capitalization dropped to $3 trillion, down from practically $3.2 trillion, in response to Coingecko knowledge.

XRP dropped practically 1% within the final 24 hours to commerce at $1.90 as of 4:39 a.m. EST, with an intraday low of round $1.89.

Spot XRP ETFs Data $53.32 Million in Internet Outflows

In accordance with Coinglass knowledge, spot XRP ETFs recorded $53.32 million in web outflows on Tuesday, January 20, marking their second-ever every day capital outflow and the most important since they started buying and selling in November 2025.

The outflow was from Grayscale’s GXRP ETF, which recorded a complete outflow of $55.39 million. In the meantime, Franklin’s XRPZ recorded $2.07 million in inflows.

Following the newest outflow, whole web inflows since launch now stand at $1.22 billion.

The current bearish spell was not distinctive to XRP, as most different crypto ETFs additionally noticed outflows. Particularly, the BTC ETFs recorded $479.70 million in outflows, whereas the ETH ETFs recorded $230 million.

Can XRP Stabilize or Is Extra Draw back Forward?

XRP value is at the moment buying and selling round $1.90–$2.00, sitting straight on prime of the 200-day Easy Transferring Common (SMA) close to $1.90, which has turn out to be a vital long-term assist stage. The value stays effectively beneath the 50-day SMA at $2.39, highlighting persistent medium-term bearish stress.

After peaking close to the $3.60–$3.70 area, XRP entered a chronic corrective part, forming a falling channel sample.

Regardless of this, XRP has to this point managed to defend the $1.85–$1.90 zone, an space that additionally aligns with a significant Fibonacci extension stage from the prior advance.

The 50-day SMA stays downward-sloping, signaling that pattern momentum has not but shifted in favor of the bulls. So long as the worth of XRP trades beneath this SMA.

Overhead, the $2.20–$2.40 area stands out as a heavy resistance band, combining the descending channel prime and the 50-day SMA.

XRP’s Relative Power Index (RSI) is at the moment hovering round 41, beneath the impartial 50 stage. This implies weak momentum, although RSI is just not but deeply oversold.

XRP/USD Chart Analysis Source: TradingView
XRP/USD Chart Evaluation Supply: TradingView

The upper-timeframe XRP/USD chart suggests the Ripple token could try a short-term stabilization above the $1.85–$1.90 assist zone, given the confluence with the 200-day SMA. A sustained maintain right here might permit for an additional corrective transfer towards $2.10–$2.30, the place prior breakdown ranges and channel resistance converge.

A decisive every day or multi-day shut above the $2.30–$2.40 area could be required to weaken the bearish construction.

On the draw back, a clear break beneath the 200-day SMA and $1.85 assist would considerably change the bearish construction. Because of this, XRP might slide towards the $ 1.35–$ 1.50 demand zone.

Associated Information:

Finest Pockets – Diversify Your Crypto Portfolio

Best Wallet
  • Straightforward to Use, Function-Pushed Crypto Pockets
  • Get Early Entry to Upcoming Token ICOs
  • Multi-Chain, Multi-Pockets, Non-Custodial
  • Now On App Retailer, Google Play
  • Stake To Earn Native Token $BEST
  • 250,000+ Month-to-month Lively Customers

Best Wallet


Be a part of Our Telegram channel to remain updated on breaking information protection



Source link

Tags: ETFsextendsoutflowsPostPricerecordRippleSlideXRP
Previous Post

Sri Lanka Treasury bill yields drop, less 12-month bills sold | EconomyNext

Next Post

Distributor Rebate Programs: How to Reward the Right Behavior—and Drive More Sales

Related Posts

Bybit Launches RWA Earn With Plume And DigiFT For Tokenized Yield Access
Cryptocurrency

Bybit Launches RWA Earn With Plume And DigiFT For Tokenized Yield Access

June 16, 2026
Breaking: XRP Ledger Releases Version 3.2.0 Upgrade, Rebrands Core Server
Cryptocurrency

Breaking: XRP Ledger Releases Version 3.2.0 Upgrade, Rebrands Core Server

June 16, 2026
Deprecated Aztec Connect Contract Exploited For .19M, SlowMist Says
Cryptocurrency

Deprecated Aztec Connect Contract Exploited For $2.19M, SlowMist Says

June 15, 2026
Bitcoin Jumps Above ,000 as US-Iran Deal Triggers 8M Short Liquidations
Cryptocurrency

Bitcoin Jumps Above $67,000 as US-Iran Deal Triggers $198M Short Liquidations

June 15, 2026
Kraken Taps Bitnomial Deal to Unlock CFTC-Regulated Crypto Perpetual Futures in US
Cryptocurrency

Kraken Taps Bitnomial Deal to Unlock CFTC-Regulated Crypto Perpetual Futures in US

June 16, 2026
Bitcoin Tipped for ,000 as Oil Drops Below  on Iran Peace Roadmap
Cryptocurrency

Bitcoin Tipped for $69,000 as Oil Drops Below $80 on Iran Peace Roadmap

June 15, 2026
Next Post
Distributor Rebate Programs: How to Reward the Right Behavior—and Drive More Sales

Distributor Rebate Programs: How to Reward the Right Behavior—and Drive More Sales

Billionaire Adam Weitsman Buys Fire Ghost NFT From Ghost Labs

Billionaire Adam Weitsman Buys Fire Ghost NFT From Ghost Labs

Wellness startup Kapiva launches ₹50-crore innovation fund, to invest in 15-30 startups

Wellness startup Kapiva launches ₹50-crore innovation fund, to invest in 15-30 startups

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Gold Correction Shows Why Safe-Haven Trades Can Become Overcrowded | Investing.com
Market Analysis

Gold Correction Shows Why Safe-Haven Trades Can Become Overcrowded | Investing.com

by PWC
June 11, 2026
0

’s newest pullback seems to be much less like weak spot and extra like normalization. Its excessive lead over shares...

Sri Lanka rupee closes at 335.50/336 to US dollar spot, bond yields down | EconomyNext

Sri Lanka rupee closes at 335.50/336 to US dollar spot, bond yields down | EconomyNext

June 12, 2026
Volatility surge has trader eyeing one ‘stable’ stock

Volatility surge has trader eyeing one ‘stable’ stock

June 10, 2026
SpaceX is about to make history—and 80% of VCs won’t see a dime of it | Fortune

SpaceX is about to make history—and 80% of VCs won’t see a dime of it | Fortune

June 11, 2026
At Musk’s Starbase, the rise of SpaceX brings fortunes and fractures

At Musk’s Starbase, the rise of SpaceX brings fortunes and fractures

June 10, 2026
Why TD Securities anticipates even bigger days ahead for SpaceX

Why TD Securities anticipates even bigger days ahead for SpaceX

June 13, 2026
PWC News

Copyright © 2024 PWC.

Your Trusted Source for ESG, Corporate, and Financial Insights

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis

Copyright © 2024 PWC.