Overview
- Reports from mid‑August show weekly inflows into U.S. spot XRP ETFs plunged roughly 93% week‑on‑week with net assets reported near $964 million to $1.43 billion across products, removing a steady institutional buyer.
- Price has hovered around the psychological $1 line after brief breaks below it earlier in August, with sources recording intraday lows around $0.99 on Aug. 11 and Aug. 14 before short recoveries.
- Daily technicals are skewed bearish, with the 50‑day exponential moving average trading below the 200‑day EMA (a so‑called death cross) and the weekly trend also showing weakening momentum.
- Liquidation heatmaps place concentrated leveraged positions near $1.011 on the upside and about $0.98 on the downside, meaning forced stops around those levels could amplify moves in either direction.
- On‑chain activity rose to about 49,929 active addresses on Aug. 14 even as sentiment turned negative, and market signals diverge with Kalshi odds giving a modest chance of a rally to $1.50 and AI models offering extreme but unlikely upside scenarios.