XRP Price Analysis: Ripple Buyers Step In at $2.00 Floor on BTC's Hover Above $91K
CoinDesk
XRP buyers absorbed selling pressure at the $2.00 level, supported by over $1 billion in institutional ETF demand, while awaiting a break above $2.11.Summary
XRP's price rebounded strongly from the $2.00 psychological floor, confirmed by a massive 251% spike in volume as institutional buyers absorbed liquidity during a flush to $2.03.
Institutional demand for XRP ETFs has now exceeded $1 billion, marking the fastest early adoption for any altcoin ETF, even as retail interest remains muted. This dynamic suggests large players are accumulating during price weakness.
Technically, XRP is forming higher lows, but it faces resistance between $2.08 and $2.11. A decisive break above $2.11 is necessary to target the next supply zone near $2.20–$2.26; failure to hold $2.00 risks a retest of $1.95.
(Source：CoinDesk)