XRP News Today: XRP Tumbles on Double-Top Alert Despite $1B ETF Inflows

XRP, Ripple's native token, faces a growing technical standoff as veteran trader Peter Brandt warns of a potential double-top pattern. The chartist recently highlighted a bearish structure that could signal a deeper correction if confirmed. XRP's price has been consolidating near $1.85, with traders closely watching key support levels.

Institutional demand, however, tells a different story. XRP spot ETFs have seen over $1 billion in cumulative inflows, signaling sustained interest from large investors. Despite the price decline, ETFs continue to add to their holdings, reflecting confidence in long-term adoption and cross-border utility.

Meanwhile, conflicting signals emerge from different indicators. While some analysts flag bearish chart patterns, others point to historical cycles and oversold conditions as signs of an imminent rebound. The divergence underscores the complexity of XRP's near-term outlook.

Why the Standoff Happened

Peter Brandt's bearish outlook stems from a double-top formation on XRP's weekly chart. The pattern emerges when an asset fails to break above resistance after two attempts, often signaling a reversal if the neckline breaks. XRP reached $3.4 in early 2025, then again in late 2024, only to retreat each time. Brandt's analysis suggests that a breakdown below $2.00 would confirm the pattern.

The double-top warning comes despite Ripple's efforts to expand XRP's utility. The company has rolled out Ripple USD (RLUSD) to multiple Layer 2 networks and is pushing for broader institutional adoption. These developments aim to enhance XRP's role in cross-border payments and institutional trading.

Brandt's stance is not without controversy. He has a history of clashing with XRP supporters, whom he has called "the most madly obsessed permabulls." His recent post on X emphasized that while the pattern could fail, it currently has bearish implications.

How Markets Reacted

XRP's price action has reflected the tension between technical indicators and institutional demand. The token has spent over 70 days below its 50-week simple moving average (SMA), a period historically associated with strong rebounds. Analysts like Steph_iscrypto argue that this could signal downside exhaustion rather than a long-term decline.

The Relative Strength Index (RSI) has also dropped to 33 on the weekly chart, a level often seen as a potential turning point. Historically, XRP has bounced sharply after entering oversold territory, with gains ranging from 70% to 850% in past cycles.

Despite these bullish signals, XRP has failed to reclaim key resistance levels. The token has remained below $2.00 for several weeks, raising concerns about the strength of the support zone. A breakdown would expose further downside, with some analysts projecting a move toward $1.00 if the pattern plays out.

What Analysts Are Watching

Market participants are monitoring a range of technical and institutional factors. The TD Sequential buy signal on XRP's weekly chart suggests that bearish momentum may be waning. This indicator, used by traders to identify trend reversals, has appeared after nine consecutive price bars, a sign of potential stabilization.

Institutional ETFs also remain a key focus. XRP-linked products have seen over 30 consecutive days of net inflows, outperforming both Bitcoin and Ethereum ETFs. These inflows, though slowing, indicate growing confidence among institutional investors.

Analysts are also tracking Ripple's ecosystem expansion. The company's push into multichain stablecoins and Layer 2 networks is seen as a way to enhance XRP's utility. This development could support long-term adoption even if the current price correction continues.

Ultimately, the outcome may hinge on whether XRP can reclaim the $2.00 level. A successful defense could invalidate the double-top pattern and set the stage for a rebound. Alternatively, a breakdown could accelerate the decline, reinforcing Brandt's bearish stance.

Risks to the Outlook

The primary risk for XRP remains a confirmed breakdown of the double-top pattern. If the token closes below $2.00 on a weekly basis, it could trigger further selling pressure. This scenario aligns with historical patterns where similar setups have led to sharp corrections.

On the other hand, if XRP rebounds above $2.00, it could signal a failure of the bearish formation. This would align with historical cycles where the token has recovered after extended periods below the 50-week SMA. The recent inflows into ETFs suggest that institutional demand is still strong, potentially limiting the depth of any correction.

Macroeconomic factors also play a role. XRP's performance is influenced by broader crypto market trends and regulatory developments. A prolonged bear market or regulatory setbacks could prolong the current weakness.

What This Means for Investors

Investors should remain cautious as the technical standoff unfolds. Short-term traders may look for opportunities around the $2.00 level, with a focus on volume and order flow. A strong rebound could signal a shift in momentum, while a breakdown could open the door to further downside.

Long-term investors, particularly those through ETFs, may see the current weakness as a buying opportunity. Institutional inflows suggest that XRP's utility and adoption could continue to grow, even if price action remains subdued in the near term.

Ultimately, the outcome will depend on whether technical signals dominate or if historical patterns and expanding utility reassert control. As the market watches closely, the next few weeks could determine XRP's path.