$XRP is currently at a crucial level where market pressure and opportunity exist side by side. Price is trading around $1.87, slightly up on the day, but still down nearly 16% on the month, as it tests the key $1.85 support zone. Smart money has clearly turned bearish, with whales aggressively opening short positions and pushing the Long/Short ratio down to 0.32. Many long positions are now underwater, with average entries near $1.95, increasing the risk of liquidations if support fails. Top trader data confirms this shift, as sell volume has more than doubled buy volume, signaling strong bearish conviction and ongoing distribution.
From a technical perspective, signals are mixed. Momentum indicators like the MACD remain bearish, showing that downside pressure has not fully eased. However, the RSI is oversold and forming a bullish divergence, which often precedes a short-term relief bounce. This suggests that while the broader trend is weak, a technical rebound toward the $1.95 resistance is still possible if buyers defend the $1.85 level. Recent capital flow data also shows net outflows, indicating selling by large holders, though earlier accumulation attempts highlight the market’s uncertainty.
Despite short-term weakness, fundamentals remain supportive. $XRP spot ETFs recorded $11.93 million in net inflows, standing out while Bitcoin and Ethereum ETFs saw outflows. In addition, a proposed native lending protocol on the XRPL could significantly improve institutional participation and long-term utility, strengthening XRP’s investment case beyond short-term price action. Adding to near-term interest, Binance has launched a new XRP/USD1 spot trading pair, offering zero maker and taker fees for eligible VIP traders and liquidity providers, which may help improve liquidity and trading activity.
Overall, $XRP sits at a turning point. A break below $1.85 could accelerate selling and confirm the bearish setup, while a successful defense of support may trigger a technical bounce amid improving fundamentals. #XRP #USGDPUpdate #LearnWithFatima #BTCVSGOLD
