Bitcoin’s recovery loses momentum as $XRP dips to $1.86 despite $1.25B in $ETF holdings
XRP continues to trade sideways, with strong resistance near $1.90 and solid support around $1.86, signaling a possible breakout or breakdown ahead.
Bitcoin’s recent rebound showed signs of exhaustion, while XRP faced renewed selling pressure, slipping back to the $1.86 level even as interest in XRP-linked exchange-traded funds (ETFs) remained strong.
Market data shows that traders have consistently sold XRP during short-term rallies, keeping the price capped below the $1.90 resistance zone. At the same time, buyers have stepped in near $1.86, creating a narrow trading range that reflects growing tension between bulls and bears.
Despite the muted price action, demand for XRP exposure through spot ETFs has stayed resilient. Total assets held across XRP ETFs have climbed to approximately $1.25 billion, highlighting continued institutional participation in the market.
Analysts note that institutional investors are increasingly favoring structured products such as ETFs to gain XRP exposure. These instruments offer advantages like simplified custody, improved regulatory compliance, and reduced operational complexity compared to holding the asset directly.
With $XRP compressed between key technical levels, traders are watching closely for a decisive move that could set the next short-term trend, as broader crypto market sentiment remains cautiouse
