XRP Faces Technical Pressure Despite Strong Spot ETF Inflows

Spot XRP ETFs have drawn nearly $850 million in inflows since launching in mid-November, marking one of the strongest altcoin ETF starts on record. The inflows suggest that long-term investors continue to accumulate exposure, even as short-term technical pressures mount.

Market Context
XRP remains caught between conflicting forces: short-term technical weakness and strengthening institutional adoption. While ETF inflows indicate growing fundamental demand, broader market liquidity remains thin. Leverage metrics across major exchanges show declining open interest, pointing to a risk-off environment and reduced speculative participation. Combined with Bitcoin’s ongoing volatility below key weekly levels, altcoins like XRP remain highly sensitive to technical breakdowns, despite fundamental accumulation.

Technical Analysis
XRP spent much of the session trying to hold above the $2.07 support zone, but a series of lower highs signaled waning buyer momentum. Every rejection near $2.11–$2.13 came with expanded volume, reinforcing seller dominance at overhead resistance.

The decisive shift occurred late in the session when the $2.07 floor broke on surging volume. A secondary spike around 03:24 GMT pushed XRP briefly toward $2.00, confirming the breakdown as the start of a continuation lower rather than a false move.

Momentum indicators now tilt firmly bearish, with RSI declining from mid-range and MACD dipping deeper into negative territory. The former $2.07 support now acts as immediate resistance, a key pivot level to reclaim for near-term bullish structure.

Price Action Summary
XRP fell sharply from $2.20 to $2.10, losing 5.7% over a 24-hour range of $0.13 and experiencing nearly 6% volatility. Attempts to reclaim $2.11 failed on weakening volume before the breakdown intensified.

At 19:00 UTC, volume surged to 94M, 68% above normal, marking the rejection at $2.13 and confirming bearish continuation. XRP later tested levels near $2.09 and briefly flirted with $2.00, with intra-minute volume spikes exceeding 1M.

Price currently consolidates in the $2.10–$2.12 zone, remaining beneath all intraday resistance levels, leaving downside pressure intact despite strong ETF-driven fundamental support.