<ul><li>XRP has been experiencing sell-offs as the market recovers, pushing it into oversold territory with the possibility of a bounce-off point.</li><li>XRP net flows have remained negative, with over 88 million XRP tokens sold off, amounting to $210.9 million.</li><li>Data suggests that sell-offs by whales and market makers could actually be bullish for XRP, leading to a possible increase in price.</li><li>Despite negative net flows, XRP open interest has been rising in May, reaching $5.53 billion on May 14, indicating active investor interest and potential price growth.</li></ul>

XRP Reaching Oversold Levels As Net Flows Turn Negative, What’s Next?

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