🔻 XRP slips under key floor — signals flashing ⚠️
After weeks of institutional buying, XRP surprisingly broke below a critical support level around $2.07 — once again proving that strong capital flows don’t always equal stable prices.
Even though U.S. spot-ETF money poured in — estimated at well over $850 million since mid-November — the price collapse shows technical weakness is still calling shots.
At the low, XRP dipped close to the $2.00 zone before recovering to about $2.10–$2.12, but the mood among many analysts is cautious.
📉 On-chain flows strong, but chart warns: bearish vibes ahead
Institutional demand remains healthy: inflows to XRP ETFs continue unabated. However — technical chart signals didn’t hold. The $2.07–$2.11 band failed as support and flipped into resistance. Key indicators (RSI, MACD) have turned bearish, and upward momentum seems stalled for now.
What’s worrying many: unless there’s a convincing bounce above ~$2.11, XRP may test $2.05 next — and a slide further toward $1.90–$1.97 can’t be ruled out if that support breaks.
🤔 Why the conflict — big capital, weak price: This is one of those classic “demand vs. structure” standoffs. On one hand, big money (ETFs, institutions) is accumulating XRP, potentially lasting weeks or months. On the other hand, short-term traders, weak derivatives interest, and chart patterns are pushing price downward. Until imbalance tips in favour of buyers, price remains under pressure.
🔮 The coming few days
A clean rebound above $2.11–$2.13 could signal renewed buyer strength and possibly stabilize XRP. If price falls to $2.05 — that’s now seen as the next “make-or-break” level. A failure there might open doors toward $1.90 or lower. Even if institutions keep buying, broader crypto weakness (e.g. market-wide sell pressure) could keep dragging price lower — so investors might stay cautious until structure improves. $XRP
