The token’s weekly momentum readings have fallen to levels last seen in the 2022 bear market when XRP traded near $0.29. It is a structural question about whether the 2026 XRP bull thesis, built on ETF inflows, regulatory clarity, and institutional adoption, can survive contact with the data now available. That ceiling is explored in technical analysis of XRP’s descending channel structure, which shows repeated failures to break above the channel’s upper boundary, each failure reinforcing the compression. Ripple News: XRP ETF Flows and the CLARITY Act Delay, Catalysts That Didn’t ArriveThe institutional demand story that underpinned most XRP price analysis heading into 2026 has not materialized at scale. That collapse in XRP ETF inflows has stripped out the institutional buying momentum that analysts assumed would anchor XRP price above $1.20.