> At a Glance
> – XRP jumped 25% in two weeks, trading at $2.34 with an $8.5B daily volume
> – U.S. spot ETFs booked $46M in inflows Monday, marking zero outflow days since mid-November
> – Next resistance sits at $2.41 and $2.50, while $2.28 could offer a long entry on a retest
> – Why it matters: A thinning exchange supply plus steady institutional demand sets up a potential break past $2.50, but a “cost-basis wall” of 1.56B tokens looms overhead
XRP has clawed back seven weeks of losses in just fourteen days, leaving the fourth-largest crypto knocking on the door of $2.50.
Price Action
The rebound started after bulls defended the psychologically important $2.00 level that had held through 2024. Buyers quickly stepped in, reversing the downtrend and lifting the token to its current $2.34 tag.
ChartNerdTA labeled the move a “full recovery,” noting it has wiped out the “last 7 weeks of downside PA.”
CryptoWZRD sees XRPBTC leading the charge and flags $2.27 as short-term resistance:
> “A retest of $2.28 with a reversal could offer a long.”
A failure to hold that zone may send price back into a range.
Supply Squeeze
Exchange balances are shrinking at the same time institutional products see record demand.
| Metric | Figure |
|---|---|
| Monday ETF inflows | $46M |
| Consecutive no-outflow days | Since mid-Nov |
| Market cap | $142B |
| 24h volume | $8.5B |
Fewer tokens on exchanges can amplify upside momentum if spot demand persists.
Technical Hurdles
Steph Is Crypto warns that $2.41 marks a “cost-basis wall” where 1.56B XRP last changed hands. Moves into these clusters often trigger break-even selling.
John Bollinger remains cautious despite the “strong lift”:
> “The pattern is still weaker than Bitcoin and Ethereum due to the lack of tight consolidation before the move.”
Above $2.50, chart eyes target $2.75 as the next level.
Key Takeaways
- Zero outflow days for U.S. ETFs highlight steady institutional appetite
- Declining exchange supply adds fuel to the rally, but 1.56B XRP wait at $2.41
- $2.28 retest may offer a long entry, while a break of $2.50 opens $2.75
With momentum intact and ETF buying unrelenting, traders now watch whether bulls can crack the $2.50 ceiling or if profit-taking kicks in at the cost-basis wall.
