XRP is under pressure after falling 12% in five days and breaking below the $1.40 level. Technical patterns are now pointing to the possibility of further losses, while institutional demand through ETFs continues to grow.
XRP/USD has been consolidating inside a bear pennant on the three-day chart since early February. The pattern was confirmed when price broke below the lower trend line at $1.40. The measured downside target from this pattern sits near $0.65, which would represent a drop of about 52.5% from current levels.
The weekly Stoch RSI has also flashed a death cross signal. Technical analyst ChartNerd noted on X that this is the third time this signal has appeared since the July 2025 all-time high.
ChartNerd pointed out that the previous two death cross signals each produced corrections of around 50%. He added that “a failure at the weekly 20 (just retested) or the weekly 50 ($1.80) will likely open the next leg down later in the year.”
It's looking like $XRP may give us one final window of opportunity as we head deeper into 2026. An opportunity that has historically only printed 3 times in history, and every time the signal fired (2017, 2020, 2022), the Gaussian Channel sent XRP to new highs. 2026?
pic.twitter.com/bFa5BwLLsM
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ChartNerd
(@ChartNerdTA) May 19, 2026
The daily RSI has dropped from 63 to 42 over the last seven days, reflecting growing bearish momentum.
On the hourly chart, a bearish trend line has formed with resistance at $1.3720. XRP is currently trading below $1.3880 and the 100-hourly Simple Moving Average.
Key resistance levels to watch are $1.3650, $1.3720, $1.3940, and $1.40. A clear move above $1.4250 would be needed to shift short-term momentum to the upside.
On the downside, initial support sits at $1.3465, followed by $1.3350. A close below $1.3350 could push XRP toward $1.3220 and then $1.3120.
Analysts have previously flagged $1.27 as a critical level. A close below it could send XRP toward $1.11 and eventually the $1.00 mark.
Despite the price decline, institutional demand has held up. US-based XRP spot ETFs recorded net inflows of $750,000 on Monday alone, extending a nine-day streak. Total inflows over that period reached $95.5 million, pushing cumulative inflows to nearly $1.4 billion and assets under management to $1.14 billion.
JUST IN: ETF clients buy $1.48 million worth of ripple:native, bringing total ETF-held net assets to $1.12 billion. pic.twitter.com/UkVYXXz1Em
— Whale Insider (@WhaleInsider) May 20, 2026
Crypto analyst account Whale Insider posted on X that “ETF clients buy $1.48 million worth of $XRP, bringing total ETF-held net assets to $1.12 billion.” The post highlights that institutional buying through regulated products has continued even as spot prices fall.
Global XRP investment products saw weekly inflows of $67.6 million for the week ending May 15. Bitcoin and Ethereum saw outflows of $981.5 million and $250 million respectively over the same period.
Total XRP ETF assets under management now stand at $1.14 billion, according to SoSoValue data.
The post XRP Price: Institutions Keep Buying XRP ETFs While the Price Keeps Falling appeared first on CoinCentral.
