XRP’s $2 Dream? What’s Going On? 🀯

XRP price today again fails to reclaim the key $2 level after falling nearly 22% over the past two months. While whales quietly reduce exposure and on-chain data shows growing stress among holders, institutional money continues to flow in through XRP ETFs. πŸŸπŸ’Έ

This contrast raises one key question for traders, is XRP preparing for another drop? πŸ€”

Whale Selling Is Keeping XRP Under Pressure

According to on-chain data, the main reason behind XRP’s weakness is steady selling from large holders, often called whales. Wallets holding between 100,000 and over 1 million XRP have been sending tokens to exchanges, especially Binance. This usually means planned selling, not panic selling. 🚫πŸ”₯

At the same time, data shows a small drop in the supply held by the top 1% of XRP wallets. These big holders now control about 87.6% of the total supply, slightly down from earlier this month, a clear sign of whales slowly reducing their positions. πŸŸπŸ“‰

Another concern is falling profitability. Only about 52% of XRP’s supply is now in profit, meaning nearly half of all holders are sitting at a loss. πŸ’ΈπŸ“‰

As a result, XRP has struggled to build momentum, with supply consistently meeting demand every time the price moves higher. πŸ“‰πŸ€

ETF Inflows Signal Institutional Confidence

Despite recent price pressure, one key reason XRP is holding near the $2 level is steady inflows into spot XRP ETFs. These ETFs have now crossed $1.2 billion in total assets, showing strong interest from institutional investors. πŸ’°πŸ‘‘

At the same time, Bitcoin and Ethereum ETFs have been seeing continued outflows. This contrast suggests that some institutions are shifting their focus toward XRP instead of the larger cryptocurrencies. πŸš€

XRP Price Outlook

XRP recently found support near $1.85, a level that has held strong in the past. As of now, XRP price is trading around $1.92, reflecting a slight drop seen in the last 24 hours. πŸ“ˆπŸ“‰

Meanwhile, looking at the XRP price chart, it is seen slipping below its 3-day Gaussian Channel, a signal that has historically marked important trend changes. In previous cycles, similar moves were followed by long periods of sideways or bearish trading before a stronger recovery took shape. πŸ“ŠπŸŒ€

Looking ahead, XRP needs to reclaim the $2 level to bring bullish momentum back. Holding above $1.85 is crucial. If this support breaks, the price could slide toward $1.66 or even $1.50. 🚨

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2025-12-22 14:40