XRP has shown signs of recovery after a significant sell-off, stabilizing above $1.10 after hitting four-month lows. The token is currently experiencing heavy exchange outflows, with over 25 million XRP leaving exchanges, which typically suggests accumulation rather than immediate selling. Additionally, XRP-linked exchange-traded funds (ETFs) have seen substantial inflows, totaling around $118 million in May and nearly $1.4 billion cumulatively. Despite this recovery, XRP remains within a broader downtrend, with key resistance levels identified between $1.15 and $1.20. Traders are closely monitoring support around $1.13 to $1.14 as a critical area that could indicate further downside toward $1.00 or a potential recovery in market sentiment. The recent bounce from $1.09 suggests buyers are willing to defend this level, although follow-through buying has been limited, leaving XRP in a precarious position as the market continues to de-risk.