XRP Holds $1.86 Support as Bitcoin Stalls and ETF Demand Stays Firm

Bitcoin lost momentum during U.S. trading hours, keeping the broader crypto market confined to a narrow range. XRP followed the same pattern, slipping to $1.86 even as demand through spot exchange-traded funds remained steady. The gap between rising ETF assets and muted price movement suggests the market is still absorbing supply near key levels.

XRP Trades in Tight Range as Selling Pressure Caps Upside

Selling pressure continues to cap upside moves, while buyers remain active at nearby support. With price action tightly compressed, the setup points to a larger move once the balance breaks.

Several factors are shaping XRP’s short-term behavior:

• Bitcoin struggling to sustain gains during U.S. hours.
• XRP trading within a narrow range despite institutional inflows.
• Short-term traders selling into strength near $1.90.
• Buyers repeatedly defending the $1.86 area.
• Market sentiment is staying cautious.

Institutional demand for XRP exposure has remained steady. Recent sessions saw $8.19 million added to XRP-linked ETFs, lifting total assets held by those products to $1.25 billion. Professional investors appear willing to add exposure through regulated vehicles rather than chase spot price moves, especially while volatility remains limited.

This trend reflects a broader shift in crypto allocation. Portfolio managers continue to favor structured products that reduce operational and regulatory hurdles. XRP’s liquidity across major trading venues, along with ongoing ETF demand, has helped support longer-term interest even as near-term price action stays uneven.

Crypto Market Trades Sideways as Bitcoin Momentum Fades

Across the wider market, Bitcoin’s lack of follow-through has kept risk appetite subdued. Major tokens continue to trade sideways, with capital flows influencing direction while technical levels guide daily movement. In this environment, XRP reflects a balance between steady background demand and active selling pressure.

Technical indicators continue to signal consolidation. XRP slipped from $1.88 to $1.86 and remains confined within a $1.85–$1.91 range. Sellers have repeatedly defended the $1.90–$1.91 zone, turning back upside attempts.

Trading activity supports that assessment. Volume rose to 75.3 million during the session’s most active period, roughly 76% above average, as price stalled near resistance. Higher turnover during pullbacks points to supply entering the market rather than a lack of interest.

Institutional Buying Cushions XRP Downside Amid Market Weakness

A brief push above the $1.854–$1.858 consolidation area carried the price to $1.862 on a sharp burst of activity that ran several times above typical intraday flow. Momentum faded quickly, and XRP drifted back toward $1.86 as sellers returned. Repeated defenses near $1.90 suggest selling into strength, while steady bids between $1.86 and $1.87 continue to limit downside.

Several conditions define XRP’s current setup:

• ETF inflows providing steady background demand.
• Resistance between $1.90 and $1.91 drawing sellers.
• Buyers holding the $1.86 support on multiple tests.
• Volume increasing during rallies, signaling overhead supply.
• Cautious sentiment amid broader market weakness.

Performance metrics remain tilted lower. XRP trades below its 200-day simple moving average and has recorded only 12 positive sessions over the past 30 days. Sentiment measures remain strained, with the Fear and Greed Index at 23.

Even so, the asset’s price has avoided a clear breakdown. A move below $1.86 would likely expose the $1.77–$1.80 demand zone, where buyers have previously stepped in. On the upside, reclaiming the $1.875–$1.88 area would set up another test of the $1.90–$1.91 supply zone. A sustained close above that range could open a move toward $1.95–$2.00.

For now, XRP remains caught between steady institutional buying and firm technical resistance. ETF flows may help limit downside pressure, but without a broader shift in market conditions, price action is likely to stay tight and range-bound rather than directional.