
BTC, XRP Price News: Bitcoin rebound fades as Ripple slips to $1.86
Bitcoin’s rebound fades as XRP slips to $1.86 even with ETF assets at $1.25B XRP remains in a tight trading range, with sellers defending the $1.90 resistance and buyers supporting the $1.86 level, indicating a potential decisive move soon. What to know: XRP's price slipped to $1.86 as traders sold into rallies, despite steady demand for spot ETFs and a rise in total ETF-held assets to $1.25 billion. Institutional investors are increasingly using structured products like ETFs for XRP exposure, preferring them for reduced custody and compliance friction. XRP remains in a tight trading range, with sellers defending the $1.90 resistance and buyers supporting the $1.86 level, indicating a potential decisive move soon. XRP slipped to $1.86 as traders continued to sell into rallies, even as spot ETF demand stayed steady and total ETF-held assets climbed to $1.25 billion - a gap that suggests the market is still digesting supply at key technical levels. (CoinDesk Data) News background Institutional appetite for XRP exposure continued to build through exchange-traded funds, with investors adding $8.19 million in recent sessions. That pushed total ETF-held net assets to $1.25 billion, reinforcing the idea that professional investors are building positions through regulated vehicles rather than chasing spot momentum. See all newsletters The flow trend fits a broader pattern in institutional crypto allocation: portfolio managers increasingly prefer structured products that reduce custody and compliance friction, especially when liquidity is deep and regulatory clarity is improving. XRP’s depth across venues and the steady ETF bid has kept longer-term demand intact, even as short-term price action remains choppy. In the wider market, bitcoin’s attempted rebound lacked follow-through during U.S. hours, leaving majors stuck in a risk-off, range-bound tape where flows matter but technical levels still dictate the day-to-day trade. Technical analysis XRP fell from $1.88 to $1.86, staying pinned inside a $1.85-$1.91 channel as sellers repeatedly defended the $1.9060-$1.9100 resistance area. Volume rose sharply during the session’s most active window, with 75.3 million changing hands - about 76% above average - during the rejection, underscoring that this isn’t a low-liquidity drift. It’s a market meeting real offers overhead. Price briefly pushed out of its $1.854-$1.858 consolidation pocket and tested $1.862 on a burst of activity that spiked roughly 8-9x versus typical intraday flow. But the move lacked persistence, and XRP rotated back toward $1.86 as supply returned. The repeated defense of $1.90+ suggests sellers are still using that zone to distribute into strength. At the same time, bids near $1.86-$1.87 have shown up consistently enough to keep the market from unraveling - creating a tightening coil where the next break is likely to be decisive. Price action summary XRP slid from $1.8783 to $1.8604, staying locked in a $1.85-$1.91 range The strongest selling response arrived near $1.9061 resistance on above-average volume Bulls held the $1.86 handle on multiple retests, limiting downside follow-through A short-lived pop above the prior consolidation pocket failed to turn into a sustained move What traders should know Two forces are competing, and that’s the...
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