The coin could not be broken by more than $3.00 for two consecutive weeks. Capital outflows outperform inflows and are weakening momentum. If sales continue, the drop is possible to be up to $2.74.
XRP has struggled to break through the $3.00 mark and has been missing repeated attempts over the past two weeks. Altcoin was unable to maintain momentum, weak investor support and was overwhelmed by the reduced inflow.
At the time of writing, the XRP traded for $2.87, below the $2.95 resistance zone. Market data shows a decline in activity from both new and existing participants, leaving cryptocurrencies in the consolidation phase.
With capital outflows being an overwhelming inflow, XRP price trends continue to depend heavily on investors’ sentiment and whether demand can recover in the short term.
New addresses drop to two months’ low
Network metrics highlight the important reasons behind XRP stagnation. The number of new addresses tracked by the first transaction fell near the two-month low.
This decline indicates a decline in interest from fresh participants, limiting new capital inflows to the network.
Without new investors, XRP will face a decline in demand pressure and will be difficult to generate the amount of purchases needed for a sustained gathering.
Existing holders also lack sufficient momentum, which weakens overall support for their assets.
XRP Weight Capital Outflow
The broader capital trends highlight the same weaknesses. Chaikin Money Flow (CMF) monitors capital inflows and outflows, reaching a nine-month low.
This indicates that sales activities exceed shopping interests, a bearish sign of XRP’s short-term performance.
A shrinking capital pool highlights how outflows amplify recent downward trends.
XRP struggled to establish support levels for its companies as it entered the market as its liquidity declined, making it even more vulnerable to price drops.
Over the past two weeks, the coin has failed to hold profits above $2.95, indicating that sellers remain dominant. The weakness in volume reflects the lack of confidence that has plagued XRP’s attempts to set the breakouts after mid-August.
Trading patterns reinforce the difficulty of limited upward movements selling quickly, maintaining momentum and deepening investor attention.
Market watchers should note that sustained sales pressures can slow down a meaningful recovery attempt over weeks.
XRP price trends are under pressure
Currently, XRP is below the $2.95 resistance level. A lack of continuous purchasing activity could result in a price being reduced to $2.74. In this case, there is a higher chance of integration.
Meanwhile, sentiment shifts and XRP regains $2.95 in support, it could potentially try to redisplay the higher threshold.
Beyond $3.07, above $3.12, an updated bullish momentum has been confirmed, invalidating the current bearish paper.
Future sessions will be important in determining whether investors’ trust will return to provide the influx needed for XRP to move beyond $3.00, or whether coins continue to trade under pressure from weak demand.
Data on address and capital flows suggest that XRP prices remain constrained within current ranges until stronger participation emerges.
