Bitcoin rebound stalls while XRP falls to $1.86 even as ETF holdings hit $1.25B

XRP remains locked in a narrow trading range, with sellers consistently defending resistance near $1.90 and buyers providing support around $1.86, signaling that a decisive move may be approaching.

The token slipped back to $1.86 as traders continued to fade short-term rallies, even as demand for XRP spot exchange-traded funds held firm. Total ETF-held assets climbed to $1.25 billion, highlighting a disconnect between steady institutional inflows and subdued spot price action as supply continues to be absorbed at key technical levels.

Market context

Institutional interest in XRP exposure continued to build through regulated ETF products, with investors adding $8.19 million in recent sessions. That pushed total net assets to $1.25 billion, reinforcing the view that professional investors are positioning through structured vehicles rather than chasing momentum in the spot market.

The trend reflects a broader shift in crypto allocation strategies, with asset managers increasingly favoring products that reduce custody and compliance complexity. XRP’s liquidity across venues and the steady ETF bid have helped underpin longer-term demand, even as near-term trading remains choppy.

Across the broader market, bitcoin’s attempted rebound failed to gain traction during U.S. hours, leaving major tokens trading in a risk-off, range-bound environment where flows matter, but technical levels still dictate day-to-day price action.

Technical picture

XRP eased from $1.88 to $1.86, staying confined within a $1.85–$1.91 range. Sellers repeatedly capped advances in the $1.9060–$1.9100 zone, with elevated turnover confirming active selling interest rather than thin liquidity. About 75.3 million tokens changed hands during the session’s most active window, roughly 76% above average.

Price briefly broke above a tight $1.854–$1.858 consolidation band, pushing to $1.862 on a burst of activity that ran roughly eight to nine times normal intraday volume. The move failed to attract sustained follow-through, and XRP rotated back toward $1.86 as supply returned.

The repeated defense of levels above $1.90 suggests that area remains a preferred zone for distribution, while consistent bids near $1.86–$1.87 have so far prevented a breakdown. The tightening range leaves XRP coiled for a more decisive move once one side gains control.