Overview
- XRP fell about 5% to trade around $1.81–$1.83 after losing the $1.90 level in Thursday’s early session.
- Price action remains bearish below $1.880 and the 100‑hour simple moving average, with resistance near $1.92–$1.95 and a trend line around $1.935.
- Key supports sit at $1.85 and $1.8320; a close below could open a move toward $1.80, with some analysts eyeing $1.70 to $1.50 if downside momentum builds.
- Market structure shows elevated volumes, increased liquidations of long futures positions, and mixed whale flows that indicate active distribution.
- Despite price pressure, spot XRP ETFs recorded $9.84 million of inflows on December 17, with separate reporting noting roughly $1 billion in cumulative inflows since launch.