Spot XRP (XRP) exchange-traded funds (ETFs) have continued to entice investor curiosity, recording inflows day by day of final week as transactions surged to a six-month excessive.
Sadly, these optimistic fundamentals didn’t assist the bulls maintain the value above the psychological $2 help degree. How low can XRP worth go?
Key takeaways:
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XRP fell beneath $2 in a six-day correction as commerce conflict fears from US President Donald Trump’s Greenland tariff threats triggered market-wide sell-offs.
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Strong fundamentals, resembling $1.28 billion cumulative ETF inflows and a surge in XRP Ledger transactions to a six-month excessive, failed to elevate investor sentiment.
XRP’s drop beneath $2 wipes out $40 million in liquidations
XRP prolonged its correction on Monday, dropping beneath the $2 psychological degree, marking six consecutive days of declines.
The sell-off extends throughout the crypto market, with Bitcoin (BTC) falling to $92,000 and Ether (ETH) urgent down on help at $3,000, triggered by Trump’s weekend risk of recent tariffs on European international locations (over shopping for Greenland), sparking fears of renewed trade wars.
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Greater than $788.9 million in lengthy positions had been liquidated, with Bitcoin accounting for $224 million of that whole. XRP noticed $39.5 million in lengthy liquidations, the best since Nov. 22, 2025.
Throughout the board, a complete of $875 million was worn out of the market in brief and lengthy positions, affecting about 250,000 merchants, as proven within the determine beneath.
In the meantime, demand for XRP derivatives has remained weak, falling to $3.56 billion on Monday from its yearly excessive of $4.55 billion on Jan. 6, representing a 21.7% decline.
Additional decline in OI may accompany costs decrease, as seen in October 2025.
XRP worth ignores ETF demand, onchain exercise
The six-day worth correction comes whilst institutional sentiment stays comparatively optimistic, as mirrored in regular flows into US-based XRP spot ETFs.
In accordance to knowledge from SoSoValue, XRP ETFs added $1.12 million on Friday, bringing cumulative inflows to $1.28 billion and whole property to over $1.52 billion. The Franklin XRP ETF (XRPZ) was the one XRP ETF with inflows on Friday, bringing its internet property to $287.75 million.
As Cointelegraph reported, international XRP funding merchandise additionally attracted $69.5 million in inflows in the course of the week ending Friday, signaling regular demand from establishments.
XRP has additionally seen a rise in onchain demand, evidenced by the surge in transactions to a six-month excessive final week.
Information from XRPScan reveals that the variety of transactions executed on the XRP Ledger soared to 2,575,561 on Wednesday, ranges final seen in July 2025.
Regardless of this sturdy community utilization and protracted ETF demand, XRP worth has underperformed, dropping 18.5% from its eight-week high of $2.41 reached on Jan. 6.
As Cointelegraph reported, stronger technical validation and excessive volumes throughout spot and derivatives markets could be wanted to affirm a breakout to increased ranges.
XRP worth should maintain $1.80
The XRP/USDT pair is at present testing a every day order block round $1.96, a degree with sturdy help, in accordance to knowledge from Glassnode.
The price foundation distribution heatmap reveals that greater than 1.78 billion XRP had been purchased at about this degree during the last six months. The subsequent vital help sits at $1.78 and $1.80, the place traders acquired roughly 1.84 billion XRP.
Observe that the XRP/USD pair has not closed a every day candlestick beneath this degree since April 2025, and bulls should defend it to keep away from a deeper correction.
If the value breaks beneath this degree, it may drop towards the inexperienced zone proven beneath, supported by the $1.61 native low and the 200-week exponential shifting common (EMA), which is about $1.41 and represents the final line of protection for the XRP worth.
Sadly for the bulls, XRP’s draw back momentum is rising primarily based on the relative strength index, or RSI, which has hit its lowest degree in 2026.
As Cointelegraph reported, a break beneath the help line of a descending channel at $2 will see the XRP/USDT pair prolong the decline to $1.75 and subsequently to the Oct. 10 low of $1.61.
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