XRP (XRP) trades near $1.34 as record exchange-traded fund inflows shrink its tradable supply, leaving traders watching the $1.50 ceiling.
XRP Supply Tightens As ETF Flows Build
Spot XRP ETFs have drawn $1.39 billion in cumulative net inflows since launching in November 2025, according to SoSoValue data.
May has already topped April's $81.59 million to become the strongest monthly inflow stretch of 2026, with no recorded outflow day.
That steady buying has pulled tokens off centralized exchanges. Exchange reserves recently fell to roughly 2.70 billion XRP, and on-chain figures show wallets holding at least 10,000 tokens hitting an all-time high above 332,000.
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Analysts Eye $1.50 Resistance Test
The setup looks promising on paper, yet the price has barely moved. About 1.16 billion XRP sits clustered near the $1.45 break-even zone, where holders sell into every rally and stall upward momentum.
One analysis described a possible path higher, noting buyers would first need to reclaim the 50-day exponential moving average near $1.41, then clear $1.43 before targeting $1.48 and the $1.50 psychological level.
Momentum indicators sit in neutral territory. The RSI hovers in the low 40s, while the MACD line holds below zero, a sign buyers are slowly regaining ground.
Bigger institutional capital still waits on regulation. The CLARITY Act cleared the Senate Banking Committee on May 14 and now needs 60 floor votes, House reconciliation, and a presidential signature.
XRP Price Swings In Recent Months
XRP has struggled all year despite the regulatory tailwinds. The token is down 44% over the past 12 months, sliding from about $2.40 in May 2025 toward current levels, and it posted losses across six straight months between October 2025 and March 2026.
Bulls tested $1.50 repeatedly in March, April, and May without holding it, while a brief touch of $1.52 on May 14 faded within days as profit-takers stepped in.
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