Buyers Defend $2 Level, XRP Follows Bitcoin’s Grip Above $91K

XRP ETF Inflows Top $1 Billion as Institutions Lead Amid Muted Retail Activity

Market Overview
U.S. spot XRP ETFs have now surpassed $1 billion in cumulative inflows since launch, setting a record for early adoption among altcoin ETFs. Institutional investors are driving demand, accumulating during market dips, while retail participation remains subdued. This dynamic has created an environment where large players quietly build positions, even as short-term traders stay on the sidelines.
The broader macro backdrop shows capital rotating into regulated products, with ETF inflows offsetting falling open interest in derivatives markets.

Technical Analysis
The session’s defining moment occurred during the $2.03 → $2.00 dip, when trading volume spiked to 129.7M, 251% above the 24-hour average. While this reflected heavy selling pressure, it also marked institutional buying at the $2 psychological floor.
XRP quickly rebounded in a V-shaped move to the $2.07–$2.08 range, signaling strong support. Intraday charts reveal a series of higher lows, hinting at early trend reacceleration, though resistance between $2.08–$2.11 remains a ceiling. Momentum indicators show bullish divergence, but sustained upside requires volume expansion during rallies rather than only during sell-offs.

Price Action Summary
Over the 24-hour period, XRP traded between $2.00 and $2.08, with a sharp test of the psychological floor followed by immediate absorption.
Three intraday pushes toward $2.08 failed to clear resistance, capping gains despite improving structure. Consolidation near $2.06–$2.08 suggests stabilization above support, though range compression persists as the market awaits a catalyst for the next move.