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XRP Price News: Bitcoin (BTC) Weakness Hits Ripple Even as ETF Flows Remain Strong

CoinDesk
XRP dropped 4.3% to $2.00 after failing to break $2.10 resistance, despite strong institutional ETF inflows.

Summary

XRP experienced a 4.3% decline, falling from $2.09 to the $2.00 psychological level, underperforming the broader crypto market. This drop occurred as sellers aggressively rejected the $2.09–$2.10 resistance level on a significant volume spike (205% above average), which analysts attribute to strategic institutional distribution rather than retail panic. This selling pressure occurred even while U.S. spot XRP ETFs continued to see strong inflows, totaling over $170 million for the week with zero outflows. This divergence is notable because exchange balances have been compressing significantly over the last 60 days, suggesting tightening supply underneath the surface. Technically, XRP remains stuck in a multi-month triangular compression pattern, with $2.09–$2.10 acting as a hard ceiling; a close above $2.10 is needed for a short-term bullish flip, while support rests at $2.00, with a break potentially leading to $1.95.

(Source:CoinDesk)