Traders Watch XRP Approaching $2.11 Amid U.S. ETFs Hitting $1B Milestone

XRP Eyes $2.11 Breakout as Institutional Demand Supports Price

XRP is consolidating near $2.06–$2.08, with a breakout above $2.11 needed to fuel momentum toward higher resistance levels. Conversely, a failure to hold the $2.00 floor could trigger a retest of $1.95.

The token recently reclaimed key support as volume surged 251% during a defense of the psychological $2.00 level, signaling strong institutional absorption.

Market Context
U.S. spot XRP ETFs continue to attract steady inflows, surpassing $1 billion in cumulative demand — the fastest early adoption pace for any altcoin ETF. Institutional participation remains robust even as retail activity stays muted, creating conditions where large players accumulate on dips while short-term traders hold back. Capital rotation into regulated products has also offset declining open interest in derivatives markets, supporting XRP’s macro environment.

Technical Analysis
During the $2.03 → $2.00 flush, volume spiked to 129.7 million, 251% above the 24-hour average. This confirmed selling pressure but also marked the point where institutional buyers absorbed liquidity at the floor. A V-shaped rebound back to $2.07–$2.08 validates demand at this level.

XRP is forming higher intraday lows, indicating early trend reacceleration. However, repeated failures to break the $2.08–$2.11 resistance cluster suggest lingering supply. Momentum indicators show bullish divergence, but volume expansion on upward moves is needed to confirm a sustainable breakout.

Price Action Summary
Over 24 hours, XRP traded between $2.00 and $2.08, with intraday attempts to surpass $2.08 repeatedly capped by resistance. Consolidation near $2.06–$2.08 signals stabilization above support, though broader range compression continues.

Key Takeaways for Traders

$2.00 remains the critical support level, with institutional accumulation hinting at medium-term expansion potential.
A break above $2.11 could propel XRP toward the next supply zone at $2.20–$2.26.
Falling below $2.00 risks a retest of $1.95, where ETF-driven demand may re-emerge.
Diverging institutional demand versus muted retail participation creates asymmetric upside potential if resistance breaks.