XRP price hovers around $1.88, ETF funds continue to flow in but short positions still dominate the short-term trend.

XRP-2,27%

Recently, the price of the cross-border payment Token XRP has been fluctuating around $1.88. Market data shows that after XRP attempted to break through the key resistance level earlier this week and failed, it subsequently fell below an important support range, with the trend weakening in sync with the overall Crypto Assets market. As of the afternoon of the Asian trading session, the quote for XRP is about $1.88, facing obvious short-term pressure.

From a mid-term performance perspective, XRP still maintains a significant increase. Compared to the price of about $1.1 at the beginning of 2025, the current increase is around 70% to 80%. However, the weakening of the short-term technical structure has led some profit-taking, and bearish sentiment is gradually taking over.

On-chain and sentiment data also corroborate this change. The analysis platform Santiment points out that investor sentiment towards XRP has turned bearish, with the number of negative comments on social media significantly higher than the historical average. It is worth noting that since XRP reached a cyclical high in July, the price has experienced a significant pullback. Santiment also emphasizes that historical experience shows that similar extremes in sentiment often occur near cyclical bottoms, potentially laying the groundwork for a subsequent rebound.

Cobb, an analyst from the XRP community, maintains a relatively optimistic view. He believes that the current cooling of market sentiment does not change the long-term trend, and XRP still has the potential to set new historical highs within the next year, provided that the macro environment and regulatory expectations do not deteriorate significantly.

From a fundamental perspective, the inflow of funds into XRP ETFs remains an important support factor. According to SoSoValue data, since the first XRP spot ETF was listed on Wall Street on November 13, multiple XRP ETFs have consistently recorded net inflows. On Monday, five related products recorded the largest single-day inflow of funds since early December, indicating that institutional interest in XRP assets has not waned.

However, the technical indicators are emitting relatively cautious signals. Previous analysis based on the TD Sequential indicator has issued potential pullback alerts, with sell signals appearing after a significant rebound over several consecutive days, putting pressure on the short-term trend for adjustments.

In summary, the current XRP price trend is in a tug-of-war stage between the positive influence of ETF funds and the pressure from technical and emotional factors. In the short term, the support and resistance contest in the range of 1.85 to 1.9 dollars may determine the next phase of XRP price direction.

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