XRP Faces Potential 40% Drop Against BTC As ETF Inflows Continue for 9 Days Straight
Nine straight days of positive net inflows into spot XRP ETFs are absorbing selling pressure and may provide the foundation for XRP price stabilization and eventual recovery.
Over the course of the last seven days, XRP (XRP) has experienced approximately a 5% decline relative to Bitcoin (BTC), with a confirmed bearish technical formation suggesting additional downside potential lies ahead.
Key takeaways:
- A descending triangle formation on the XRP/BTC weekly chart indicates a potential 40% decline to the 0.000011 BTC level.
- Continuous institutional appetite through United States-based spot exchange-traded funds provides support for a potential XRP price rebound.
Descending triangle breakdown gains momentum for XRP
The XRP/BTC trading pair has been trading within a descending triangle pattern on the weekly timeframe since the final months of 2024.
Within the realm of technical analysis, descending triangle formations are generally interpreted as bearish continuation patterns. The pattern received confirmation after the price generated a weekly candle close beneath the triangle's horizontal support trend line at the 0.000096 BTC mark, as illustrated in the accompanying chart.
The projected downside price target is calculated by measuring the maximum height of the triangle formation and projecting that distance downward from the breakout point where the price penetrates below the pattern's lower boundary.
Applying this technical methodology, the XRP/BTC trading pair's calculated downside objective lands around the 0.000011 BTC region, representing approximately 40.5% downside from present price levels.
"$XRP/BTC looks edgy," technical analyst ChartNerd said in a recent post on X, adding that losing support at $0.000091 would lead to further losses in the XRP/BTC ratio as well as the XRP/USD pair.
Nevertheless, the Relative Strength Index indicator is approaching oversold territory at the 33 reading, a threshold that has historically coincided with major macro bottoms for the ratio, as evidenced during the middle and latter portions of 2024. This technical development implies that the ongoing downward trend may be nearing its conclusion.
As Cointelegraph reported, a similar recovery could be seen in XRP price as several technical and onchain indicators send bottoming signals.
Institutional appetite for XRP ETFs shows resurgence
The institutional appetite for XRP-based investment vehicles has been gaining momentum, based on statistics compiled by SoSoValue.
United States-based spot XRP exchange-traded funds (ETFs) recorded $3.89 million in net positive inflows on Thursday. This represented the ninth consecutive trading day of net inflows, accumulating to $73.78 million. This sustained streak has elevated cumulative inflows to approximately $1.28 billion and assets under management to $1.1 billion.
This data demonstrates a growing institutional interest in XRP investment products, notwithstanding the fact that the price has declined 22% throughout 2026 and continues to underperform relative to Bitcoin.
"$XRP ETF inflows continue," analyst Don Digital Finance said in a Friday X post.
It signals "steady institutional demand as accumulation continues despite sideways price action," the analyst added.
"Institutional demand is rising fast as big money continues flowing into XRP exposure," fellow analyst Ledger Man said, adding:
"This could be a major signal that confidence in XRP is growing stronger than ever."