- Ripple token XRP’s price continues to face significant resistance.
- Bulls are constrained around the psychologically important $2.00 level.
- The token could spike above as the price is near $1.92.
XRP is struggling at this key level despite a remarkable streak of positive inflows into US-listed spot XRP exchange-traded funds (ETFs).
The pullback from its mid-year highs amid broader market volatility threatens the upside buoyed by institutional enthusiasm.
Spot price performances of top altcoins highlight this dynamic, but could Bitcoin’s bounce to $89,000 help XRP bulls?
XRP struggles near $2.00 after pullback
XRP has encountered persistent challenges in reclaiming and sustaining levels above $2.00 following a sharp correction earlier in the month.
After briefly surpassing this threshold in late November amid optimism surrounding ETF approvals, the token has retreated, reflecting broader cryptocurrency market pressures, including profit-taking and reduced risk appetite among retail traders.
Recent trading sessions have seen XRP repeatedly test support near $1.85–$1.90, with attempts at recovery faltering due to overhead resistance and waning momentum.
This pullback has been exacerbated by macroeconomic factors, such as shifting investor sentiment toward safer assets, and technical breakdowns below key moving averages.
The $2.00 mark, once viewed as a potential launchpad for further gains, now acts as a formidable hurdle, with multiple rejections underscoring seller dominance in the short term.
Market participants note that without a decisive catalyst, such as renewed buying volume or favorable regulatory developments, XRP risks further consolidation or downside pressure toward lower supports around $1.80.
XRP price outlook amid continued ETF inflows
Despite spot price weakness, Ripple’s cryptocurrency has posted a robust performance since the debut of US spot XRP ETFs.
According to data from tracking platform SoSoValue indicates that these funds have maintained a 25-trading-day streak of net positive inflows.
While inflows on December 19, 2025, fell to $13 million from over $30 million the previous day, XRP ETFs has not posted a net outflow day since their launch in mid-November.
Cumulative net inflows stood at over $1.07 billion as of December 19, with total net assets climbing to $1.21 billion.
The $13.21 million in net inflows on December 19 and over $30 million on December 18 reflect sustained institutional interest.
This inflow streak is notable given that Bitcoin and Ethereum have experienced outflows amid recent market conditions.
XRP price hovering near the psychological level is thus crucial for bulls.
From a technical perspective, key indicators offer mixed signals for the near-term outlook.
The Relative Strength Index (RSI) is off oversold territory and at 42 to suggest that selling pressure may be exhausting.
A look at the daily chart also shows the Moving Average Convergence Divergence (MACD) signals a bullish crossover.
Breakout from below $2.00 and reclaiming of support in the $2.20-$2.50 zone will charge the bulls.
However, a pullback to $1.80 could signal fresh weakness.
