Overview
- XRP trades near $1.86–$1.88 after a 15% monthly slide, with buyers defending $1.85 and near‑term resistance clustered around $1.95–$1.98.
- U.S. spot XRP ETFs have notched uninterrupted net inflows since launch, lifting combined assets to roughly $1.25 billion, according to SoSoValue.
- On‑chain data show large holders increased balances by roughly 120 million XRP to 8.23 billion tokens, a move valued near $150 million.
- Analysts highlight the Stochastic RSI hitting 0.00 on a multi‑week chart, a rare reading seen as evidence of spent selling pressure, though not a timing signal for an immediate reversal.
- Trading activity jumped about 30% to more than $2 billion in daily volume as charts show a descending wedge, with upside scenarios contingent on reclaiming $1.95–$1.98 and potential targets discussed near $2.58–$2.65.