XRP's spot ETFs have maintained net inflows for eight consecutive weeks through June 22, pushing the cumulative total past $1.47 billion since their November 2025 launch. However, this steady institutional buying has failed to provide price support, as XRP reached a new yearly low of $1.03 on June 25 and is down approximately 20% over the past month. The funds recorded about $10 million in weekly inflows during the latest period, with monthly totals falling to roughly $47 million in June from $132 million in May. This represents a significant decline from May's levels, making the current inflow amounts insufficient to move a coin worth around $65 billion. The streak has held even as the broader crypto market declined, with Bitcoin down about 20% and pulling most coins lower during the same period.
XRP's perpetual futures market reveals a stark contrast to its spot performance, with Open Interest dropping from above $1 billion to around $823.8 million according to CryptoQuant data. This significant decline in leverage positions suggests futures traders remain hesitant and defensive despite improving spot demand. The reduced leverage levels are particularly significant given that XRP's spot market appears considerably stronger, with the Spot Taker CVD chart showing clear taker-buy dominance before moving into a more neutral zone. At press time, all CEX estimated spot CVD improved from around -$42 million to +$406 million, representing a net rise of about $448 million. This spot-led setup indicates that buyers are absorbing XRP supply without a corresponding build in derivatives risk, suggesting the support may not be coming mainly from aggressive futures positioning.
XRP has flashed its first SuperTrend buy signal since mid-June, marking a potential turning point after several weeks of persistent downside pressure. This latest signal followed an extended corrective phase and mirrored a setup that previously preceded a 14% price rally. The same indicator had identified the last two major declines of 19% and 16%, highlighting its recent reliability during key market turning points. However, technical indicators rarely guarantee identical outcomes across different market environments, and the latest signal suggested that selling pressure had eased while buyers regained short-term control. As reported by Crypto.news, the signal came on XRP's 4-hour chart on July 2, with the token closing at $1.087, marking its first close above $1.07 since June 24. The last time it flashed a buy signal, XRP rallied 14.2% before the signal reversed, though the indicator has been wrong before - its buy signal in April came with XRP near $1.43, and the token still lost more than 25% afterward.
XRP's network activity is showing signs of life after a prolonged period of weakness. According to Crypto.news, daily active addresses climbed from about 23,000 to nearly 40,000 in two weeks, while the ledger added almost 5,000 new wallets in a single day - the most in more than three months. This represents the first significant increase in network activity this year, as bottoms typically form where selling dries up and activity returns. The XRP ETFs turned positive again on July 2, swinging back to a $6.55 million inflow after two small daily outflows had closed out the quarter, per SoSoValue data. Meanwhile, CryptoQuant's whale-versus-retail spread reads 50.9%, showing large investors buying far more aggressively than retail, though a different CryptoQuant gauge - the 30-day average of whale flows - turned negative this week for the first time in nearly four months. The conflicting whale data means nobody actually knows what whales are doing right now, but the overall trend shows fund money returning to the market.
At the time of press, XRP trades around $1.11 after pushing into the $1.10 to $1.13 zone, where the reclaim level analysts keep naming, the 20-day average, and the descending trendline all stack within a few cents of each other. As reported by Crypto.news, this represents the lower edge of the zone that XRP hasn't traded in since June 23. The $1.06 level remains the critical floor, where Glassnode's data shows some 830 million XRP last changed hands - the biggest cluster of buyers anywhere near the current price. A daily close below this level points toward the next big cluster near $0.80. If XRP can hold above $1.10, a 14% climb from the $1.087 close would put XRP near $1.24, which is above the entire zone. However, the token still trades below its 50-day, 100-day, and 200-day moving averages - stacked from about $1.19 up to $1.52 - and a descending trendline has capped every recovery attempt since May. The current debate about whether XRP's bottom is in settles at these two prices, with a successful move above the $1.10 to $1.13 zone confirming the bottom formation.
