XRP Hits $1.25B in ETF Assets but Sellers Block the $1.90 Path
XRP price slips to $1.86 despite institutional ETF assets hitting $1.25 billion. Strong resistance at $1.90 and high selling volume are keeping the market in a tight range.
Institutional money is pouring in, but the price isn't budging. Despite spot ETF assets climbing to $1.25 billion, XRP has slipped to $1.86 as traders sell into every attempt at a rally.
Institutions Build Positions as Retail Distributes
According to CoinDesk Data, professional investors added $8.19 million in recent sessions. Portfolio managers are increasingly choosing structured products like ETFs to gain exposure while avoiding the friction of direct custody and compliance. This push has kept the total ETF-held net assets at a steady $1.25 billion.
However, the technical tape tells a different story. Sellers have been aggressively defending the $1.90 resistance level. During the most recent rejection, volume spiked by 76% above average, indicating that this isn't just a low-liquidity drift—it's a market meeting real offers overhead.
The Battle for the Next Breakout
XRP is currently locked in a tightening coil between $1.85 and $1.91. While the broader market sees Bitcoin struggling to find a follow-through, major L1 tokens are largely underperforming, leaving price action choppy and range-bound.
This content is AI-generated based on source articles. While we strive for accuracy, errors may occur. We recommend verifying with the original source.
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