XRP Between Market Pressure and Institutional Support: Waiting for a Breakthrough
Despite strong inflows exceeding one billion dollars into traded XRP funds, the price still suffers from clear pressure and is hovering around $1.84–$1.85. This divergence reflects a weak risk appetite in the altcoin market, against a long-term institutional demand that has yet to be reflected in the price.
Why is the price weak?
• Sentiment in altcoins is negative and delays any sustainable rise.
• Bitcoin's stability has not yet been achieved, putting pressure on the rest of the market.
• Institutional demand exists, but short-term catalysts are limited.
Long-term Supporting Signals
• Withdrawal of about 750 million XRP from exchanges, with approximately 1.5 billion XRP remaining on them.
• Growth of ETF funds boosts long-term confidence and may create a supply shortage later.
📊 Technical Analysis: Support and Resistance
Support Areas:
• $1.80: Key support, breaking it could open the way to
• $1.37: Deeper support in case of accelerated decline.
Resistance Areas:
• $1.90: First nearby resistance that must be broken with volume confirmation.
• $2.05$ – $2.10: Stronger resistance, breaking it could change the short-term trend.
Technically, the price is moving within a triangular pattern; any clear breakout or break could result in a sharp movement of about ±10%.
• Near term: Sideways movement between $1.80–$1.90.
• Medium/Long term: The rise depends on clear catalysts (additional ETF inflows, actual use in payments, and overall market improvement)