XRPThe price of is stuck in a narrow band even as net assets in spot ETFs exceed $1.25 billion. While total ETF assets increased in recent trading sessions as institutional investors increased their XRP positions through ETFs, the increase in sales as it approached the $1.90 region in short-term transactions limited bullish attempts. The market is moving towards a balance point where strong institutional demand and supply at technical levels collide.
Institutional Demand Continues in XRP: ETF Assets Exceed $1.25 Billion
Spot XRP ETFThe value of total net assets held in ‘s exceeds 1.25 billion dollars, indicating that corporate interest has become permanent. Additional inflows of $8.19 million into ETFs in recent trading sessions indicate that professional investors are choosing to take positions in regulated products rather than chasing momentum in the spot market. While the motivation to reduce friction in the custody and compliance processes stood out behind this approach, the ability of products with deep liquidity to scale more easily in portfolios was also effective.
The fact that ETF demand remained supportive in the background paved the way for downward movements in XRP to progress more gradually rather than a sudden discharge. The main reason is that the recovery that Bitcoin attempted during the same time period during US hours did not continue. cryptocurrencyIt strengthened the ground where financial markets remained horizontal in risk-averse mode. Although fund flows to ETFs are important in this table, technical levels maintain their weight in determining the intraday direction.
Price Locked in 1.85–1.91 Band
XRP retreated from 1.88 to 1.86 and continued to remain in the 1.85–1.91 channel, and it was noteworthy that sales in the 1.9060–1.9100 range were repeatedly activated. During the most active part of the trading session, trading volume rose to 75.3 million coins, approximately 76 percent above the average. This data points to a real selling pressure rather than a shift caused by low liquidity. The price’s short-term overflow from the consolidation pocket between 1,854-1,858 and testing $ 1,862 also failed to produce permanence. When supply returned, the market returned to around $1.86.
While short-term players’ use of the $1.90-1.91 band as a “selling area” suppressed bullish attempts at the ceiling level, regular buy orders around $1.86-1.87 slowed down the decline. This compression creates a “spiral” in which the movement in the direction of the breakout can be more pronounced. Holding above $1.87 and recovery of $1.875–1.88 highlights a retest of the supply cluster at $1.90–1.91, while a dip below $1.86 brings to the fore the demand pocket in the $1.77–1.80 region. A close above $1.90 short positionIt is noted that it may lead to the closing of the currencies and trigger acceleration towards the $ 1.95-2.00 band.
