XRP Price Drop

XRP declined 4% to $1.33 as selling pressure outweighed buying, despite $3.32M in ETF inflows. The move suggests rallies are being used to exit positions, not build new ones. The breakdown accelerated after rejection near $1.38, with high-volume selling confirming the move. Ripple-linked products saw a shift from March outflows, but it was not enough to stabilize the price. The key level to watch is $1.28, a break of which could accelerate the downside. On the upside, XRP needs to reclaim $1.35 and then $1.38 to shift short-term momentum. Until that happens, the setup remains one of weak bounce, with the broader trend intact.