XRP Faces Potential $2.05 Pullback Amid Bitcoin’s Weekly Decline, Say Analysts

XRP Faces Downside Pressure Despite Strong Spot ETF Inflows

Spot XRP ETFs have attracted nearly $850 million in inflows since their mid-November launch, marking one of the strongest starts for an altcoin ETF on record. The data suggests that long-term investors are steadily accumulating exposure, even as short-term technical pressures mount.

Market Overview
XRP is navigating conflicting forces: institutional adoption is strengthening, but short-term technical weakness persists. Overall market liquidity remains thin, and declining open interest across major exchanges signals a risk-off environment with reduced speculative participation. Coupled with Bitcoin’s continued volatility below key weekly levels, XRP and other altcoins remain highly sensitive to technical breakdowns, despite growing fundamental demand.

Technical Insights
XRP attempted to stabilize above $2.07, but a series of lower highs indicated fading buying momentum. Every rejection near $2.11–$2.13 came with rising volume, highlighting seller dominance at overhead resistance.

The decisive shift occurred late in the session as the $2.07 support level broke on high volume, followed by a secondary surge around 03:24 GMT that briefly pushed XRP toward $2.00. Momentum indicators are now firmly bearish, with RSI trending lower and MACD diving further into negative territory. The $2.07 level, once support, now serves as immediate resistance, a key pivot for any near-term bullish recovery.

Price Action Summary
XRP dropped from $2.20 to $2.10, losing 5.7% in a 24-hour range of $0.13, with nearly 6% volatility. Volume spiked to 94M at 19:00 UTC, 68% above normal, confirming rejection at $2.13. Subsequent declines tested $2.09, briefly touching $2.00, before consolidating in the $2.10–$2.12 zone, leaving downside risk intact despite strong ETF inflows.