XRP price $1.88 braces as bears press showing support despite strong ETF inflows
XRP, the cross-border payment token, fell below a key support level after failing to break through resistance at the start of the week, according to market data.
- XRP price failed to clear resistance and broke below a key support zone, extending its drawdown from July’s all-time high and souring trader sentiment.
- Santiment data show social negativity spiking above average, a pattern that previously preceded a rally into July’s peak after similar late‑June capitulation.
- Spot XRP ETFs have posted consecutive net inflows since the Nov. 13 launch, with products now above the $1 billion AUM mark despite short-term price weakness.
The digital asset recorded minor gains on Monday but subsequently declined following the rejection at the resistance level, mirroring broader cryptocurrency market movements, as XRP price stood at $1.88 heading into the Asian afternoon.
XRP (XRP) is trading around $1.9 dollars now, up roughly 70–80% versus the start of 2025 when it sat close to $1.1.
Investor sentiment regarding the token has turned bearish, with negative comments on social media surging above average levels, according to data from analytics platform Santiment. The shift in sentiment follows the asset’s significant decline since reaching an all-time high in July.
Santiment noted that similar spikes in negative sentiment have historically preceded immediate price reversals. The firm cited late June as an example, when comparable bearish sentiment was followed by a rally to the July all-time high several weeks later.
Cobb, an analyst and member of the XRP community, stated a prediction for a new all-time high in the following year despite the declining sentiment.
The recent decline occurred despite continued positive momentum in XRP exchange-traded funds. Spot XRP ETFs have recorded consecutive days of net inflows since the first fund launched on Wall Street on November 13, according to data provider SoSoValue. The five ETF products attracted their highest daily net inflow since December 5 on Monday, SoSoValue reported.
Technical analysis using the TD Sequential indicator had signaled a potential correction, flashing a sell signal following a double-digit percentage bounce over several days, according to previous reports.
The cross-border payment token’s 24-hour decline comes amid mixed signals from fundamental ETF flows and technical indicators.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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