XRP News Today: XRP's $2.30 Showdown: ETF Inflows Clash with Bearish Technicals

XRP faces mounting pressure as technical indicators signal a potential slide below $2.15, with key support levels under scrutiny amid mixed signals from recent market developments. The token's price has retreated to a critical juncture, with traders and analysts closely monitoring whether it can hold above pivotal thresholds to avoid further declines. Recent data shows XRP trading near $2.30, a level that could determine the next phase of its trajectory.

The technical structure of XRP has shown signs of deterioration, with a breakdown below key support levels triggering bearish momentum. A failed attempt to stabilize above $2.31 led to consolidation near $2.29–$2.32, while volume data revealed institutional-grade distribution, marked by a 254% hourly spike in the session. Fibonacci retracement levels and EMA crossovers further reinforce a bearish bias, with the 50D/200D EMA continuing to slope downward according to technical analysis. Analysts caution that a breach of the $2.29–$2.30 support zone could expose XRP to a fast move toward the $2.00–$2.20 demand zone according to market reports.

The launch of the first XRP spot ETF in the U.S. has introduced complexity to the narrative. While the ETF generated $138 million in inflows on its debut, it also triggered profit-taking, with reportedly $68 million in spot market outflows reported. This dynamic mirrors broader market sentiment, where short-term volatility is amplified by macroeconomic uncertainty and weak derivatives activity according to financial analysts. Meanwhile, institutional interest in blockchain infrastructure, such as CreditBlockchain's cloud-based framework, highlights long-term optimism according to industry sources. However, immediate price action remains fragile, with XRP's position below key moving averages and a declining RSI according to technical indicators underscoring bearish pressure.

Volume and momentum metrics paint a mixed picture. Daily trading volume surged 34% to $6.14 billion, reflecting intense repositioning, but recovery efforts have lacked conviction. The RSI hovers near neutrality at 49.98, while the MACD and momentum indicators signal fading bullish energy according to market data. On-chain data reveals $28 million in liquidations over 24 hours, with long positions dominating, indicating a shift in sentiment according to on-chain analysis. Traders are now watching the $2.30 zone-a critical support level where historical whale accumulation could reemerge according to technical analysis. A rebound above $2.36 would be necessary for bulls to reclaim technical control according to market reports.

Looking ahead, XRP's path hinges on ETF flow strength and Bitcoin's stability near $105,000. A sustained break above $2.48 could invalidate the bearish setup and target $2.60+, but according to market analysis a breakdown below $2.30 risks a deeper correction toward $2.10. Long-term Fibonacci projections, such as the 1.618 extension at $5.44, remain intact if the market stabilizes according to technical forecasts. For now, the token's post-ETF adjustment phase continues, with traders navigating a fragile crypto landscape.