XRP remained stuck below the key $2.00 level on Monday, despite signs of fresh institutional interest, as weak technical signals continued to cap price gains.
At 10:21 UTC, XRP was trading at around $1.92, according to Binance data. Broader market pricing showed the token hovering closer to $1.94, with an intraday range between $1.90 and $1.94. The move marked another failed attempt to push decisively above the psychological $2.00 threshold.
Institutional inflows support XRP
Attention turned to new data from CoinShares, which showed that XRP-linked investment products recorded $62.9 million in weekly inflows. This came even as the wider digital asset exchange-traded product (ETP) market saw $952 million in outflows, driven by regulatory uncertainty in the United States and concerns over large investor selling.
Ethereum and Bitcoin led the outflows, while XRP and Solana stood out as rare exceptions.
Charts remain a hurdle
Despite the positive flow data, technical analysts say XRP remains under pressure. The token continues to face resistance near $1.94–$1.95, with repeated rejections reinforcing a short-term downtrend. A sustained move above $2.00 is widely seen as necessary to shift momentum.
Support levels are currently identified around $1.85–$1.90, with deeper downside risk near $1.80 if selling accelerates.
On-chain signals turn cautious
On-chain data shows growing caution among XRP holders. Nearly half of the circulating supply is now held at a loss, while large holders appear to be reducing exposure slightly. Network activity has also cooled, with fewer active addresses recorded over the past week.
What happens next
Market watchers say XRP’s near-term direction depends on whether buyers can reclaim and hold above $2.00. Until that happens, analysts expect range-bound trading to continue into the end of the year.
Bottom line: XRP is drawing institutional interest, but price action remains weak. For now, the market remains locked below $2, with the chart still calling the shots.
