XRP spot flows jumped 182% over a short interval, yet the token still trades around the $1.10 area, pinned below its major moving averages. The surge looks more like repositioning than accumulation, with net spot flows staying mixed through the session.
XRP spot flows recorded a 182% surge over a short-term interval, a sudden jump in coins moving through spot exchanges. Rather than signaling aggressive accumulation, the metric reflects heavier trading from both buyers and sellers, with net flows staying mixed throughout the session.
The broader market backdrop remains relatively supportive. Bitcoin has stabilized after recent volatility, and several large-cap assets have recovered part of their losses. XRP, however, continues to struggle around the $1.10 area after failing to reclaim higher moving averages.
XRP stays locked below its moving averages
XRP is still trading beneath its 50-day, 100-day, and 200-day moving averages, leaving the long-term trend bearish. The asset recently formed a small ascending support line, but bulls have so far failed to generate enough momentum for a convincing breakout.
As long as price holds below the 50-day moving average near $1.11-$1.12, upside attempts are likely to face persistent selling pressure.
On-chain signals stay mixed
Daily payment volume across the XRP Ledger remains subdued compared with the spike in early July, when transfers briefly exceeded one billion XRP in a single day. Payment counts remain healthy, however, and active user numbers have held relatively stable over the past month, suggesting the network base has not collapsed.
Because of this, the surge in spot flows may represent portfolio repositioning rather than outright bullish accumulation, since traders often increase spot transfers ahead of significant market moves. In the exchange-traded market, US spot XRP ETF weekly inflows fell to low single-digit millions, and an eight-week inflow streak ended on July 13.
For now, the extra volume moving through spot exchanges has not translated into a decisive move higher.
Sources: U.Today, crypto.news
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