XRP fell to $1.86 as traders continued to sell into rallies, even as spot ETF demand remained steady and total ETF-owned assets rose to $1.25 billion — a gap that suggests the market is still digesting supply at key technical levels.
News background
Institutional appetite for XRP exposure continued to build through exchange-traded funds, with investors adding $8.19 million in recent sessions. That pushed total ETF-owned net assets to $1.25 billion, reinforcing the idea that professional investors are building positions through regulated vehicles rather than chasing spot momentum.
The flow trend fits a broader pattern in institutional crypto allocation: portfolio managers are increasingly favoring structured products that reduce friction in custody and compliance, especially when liquidity is deep and regulatory clarity improves. XRP’s depth across venues and the stable ETF bid have kept long-term demand intact, even as short-term price action remains choppy.
In the broader market, bitcoin’s attempted rebound lacked follow-through during US hours, leaving the majors stuck in a risk-off, range-bound band where flows matter but technical levels still dictate daily trading.
Technical analysis
XRP fell from $1.88 to $1.86 and remained stuck in a $1.85-$1.91 channel as sellers repeatedly defended the $1.9060-$1.9100 resistance area. Volume rose sharply during the session’s most active window, with 75.3 million changing hands – about 76% above average – during the rejection, underscoring that this is not a low-liquidity operation. It is a market that meets real offers overhead.
The price was briefly pushed out of its $1,854-$1,858 consolidation pocket and tested $1,862 on a burst of activity that was up around 8-9 times typical intraday flow. But the move lacked persistence and XRP rotated back towards $1.86 as supply returned.
The repeated $1.90+ defense suggests that sellers are still using this zone to distribute in strength. At the same time, bids near $1.86-$1.87 have proven consistent enough to prevent the market from unraveling – creating a tightening coil where the next break is likely to be decisive.
Price action overview
- XRP fell from $1.8783 to $1.8604 and remained locked in a range between $1.85-$1.91
- The strongest selling response reached near $1.9061 resistance on above average volume
- Bulls held the $1.86 handle on multiple retests, limiting downside follow-through
- A short-lived pop above the previous consolidation pocket did not turn into a sustained move
What traders should know
Two forces are competing, and that’s the story: ETF flows continue to lean supportively in the background, but short-term traders are still treating $1.90-$1.91 as a sell zone.
The levels are clean:
- If $1.87 holds and XRP can reclaim $1.875-$1.88, the next test is the heavy supply cluster at $1.90-$1.91. A close above would force short covering and drag the price towards $1.95-$2.00.
- If $1.86 fails, the market is likely to slide into the next demand pocket around $1.77-$1.80, where previous buyers have historically defended and where “fear” sentiment tends to peak.
So far, the band sounds like consolidation with distribution overhead — but with ETF flows acting as a stabilizer that could make downside moves more abrasive than free-falling unless bitcoin breaks down sharply again.
