Overview
- Price cleared a $2.197 resistance and is attempting to hold above a $2.204 pivot, with $2.22 the next hurdle before a potential move toward $2.33–$2.40.
- Derivatives signals remain cautious as funding rates stay negative and short interest rises, increasing the risk of a retest of the $2.00–$1.90 area if momentum fades.
- Spot XRP ETFs have logged 11 straight days of net inflows, lifting assets under management to about $844 million, including a single-day $89 million intake on Dec. 1.
- Intraday levels watched by traders include supports near $2.18, $2.15, $2.10 and the $2.00 psychological floor, with resistance clustered around $2.22, $2.25 and $2.35.
- Supply-side overhangs persist after Ripple’s routine 1 billion XRP escrow unlock and reports of roughly 150 million XRP moved by large holders, which have added to short-term volatility.