XRP was trading at $1.86, showing a decline as traders sold into price rallies despite consistent demand for spot exchange-traded funds (ETFs). Total assets held in ETFs reached $1.25 billion, indicating a robust interest from institutional investors who added $8.19 million in recent trading sessions.
Throughout the trading window, XRP fluctuated between $1.85 and $1.91, with significant selling pressure observed near the $1.9060 to $1.9100 resistance zone. The session recorded a sharp increase in trading volume, with around 75.3 million XRP traded, approximately 76% above the average, reflecting active market conditions.
Despite the price drop, support levels around $1.86 to $1.87 have consistently emerged, preventing a larger market downturn. The ongoing competition between buyers and sellers near these key levels suggests that the market is poised for a decisive break in the near future.