XRP is showing a hammer candlestick on the weekly chart after falling for five consecutive weeks. The token was trading at $1.4120, about 25% above its lowest level this week, with a rebound that matched moves seen in Ethereum, Bitcoin, and Solana. Attention is also shifting to Ripple’s upcoming permissioned DEX rollout, part of its broader plan to expand institutional DeFi activity on XRPL.
Permissioned DEX targets regulated secondary markets
Ripple’s developers have already introduced permissioned domains, a framework designed for regulated environments where access is controlled through Credentials. That structure supports KYC and AML tools on the network. The next step is the launch of Permissioned DEX tools, which are intended to enable secondary markets for forex and stablecoins. These features will use Ripple USD (RLUSD) for settlement on XRPL.
Under the current design, every transaction executed on the decentralized exchange will burn XRP, trimming supply over time. The report cited Messari as saying that the network has burned 14.3 million XRP since inception. That figure remains relatively low, and Messari linked the muted burn pace to XRPL’s low transaction fees, which have kept the burn rate subdued in recent months.
ETF inflows and chart levels remain in focus
On the fund flow side, XRP-linked ETFs still recorded inflows this week despite the broader crypto market sell-off. According to the report, these products added more than $39 million in assets, while Bitcoin and Ethereum ETFs continued to post outflows. That contrast has kept XRP in focus even as digital asset prices remain under pressure.
From a technical standpoint, the weekly chart shows a steep retreat over the past few months, leaving XRP near its lowest level since November 2024. The token has stayed below all moving averages and the 61.8% Fibonacci retracement level. At the same time, the RSI is approaching the oversold threshold near 30, and the developing hammer pattern — a small real body with a long lower shadow — is often read as a bullish reversal signal. The report identified $2.0 as the next key upside level if a rebound builds, while a break below $1.1210 would weaken that view and point to deeper downside.