XRP trades at $2.03 after declining 27% from December highs, yet ETF inflows extend to 13 consecutive days. Momentum indicators reset from overbought extremes while price holds above critical 50-day EMA support. Bulls defend $2.02 support zone as institutional flows near $1 billion milestone.
XRP tests critical $2.31 support as bulls guard December’s defense line. Market structure shifts higher, with XRP bouncing from $1.87 low. Institutional ETF inflows hit $1 billion milestone despite 27% monthly correction. XRP’s resilience in turbulent markets evident as it attempts recovery to $2.04 after shedding 27.57% last month.
XRP tests monthly support at $2.03, down 27% from December high. Bulls defend critical $2.02 level despite market structure shift lower. Institutional breakout phase meets resistance as momentum resets. $16B market cap erased as ETF inflows fail to offset technical selling pressure. Will support hold against institutional money flow?
XRP’s historic week of ETF debuts turned into a devastating drop as the cryptocurrency tumbled 17.5% to $1.9494, erasing a month of gains despite Grayscale and Bitwise launching the first U.S.-listed XRP exchange-traded funds. The stark disconnect between fundamental progress and price action exemplifies crypto’s “buy the rumor, sell the news” phenomenon – institutional products that should have provided wind to the sails instead triggered profit-taking cascades. The main question for traders is: will the psychological $1.95 level that has held six times since June survive another assault, or are we witnessing the start of a deeper correction?
XRP rebounds from December’s devastating 27% drop, reclaiming the crucial $2.31 level after SEC greenlights multiple ETF products. Bulls defend six-time tested support at $1.92 while targeting resistance cluster between $2.52-$2.58. Can this news-driven momentum sustain above $2.31, or will sellers emerge at December’s highs near $2.58?
XRP tests support near $2.28 post ETF launch. RSI cools from overbought levels, bulls defend $2.31 critical support. Traders weigh institutional support from new ETF vs. profit-taking pressure. XRP down 5.65% in past month despite $58M volume on landmark debut.