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XRP moved lower again and traded near one dollar and eighty six cents. Traders continued to sell when price tried to move higher. This happened even though demand from spot funds stayed steady. Total assets held in these funds reached one point two five billion dollars which shows long term interest is still there.
Many large investors are choosing funds instead of buying XRP directly. They prefer this way because it feels safer and easier to manage. It also helps with rules and storage concerns. This shows that big money is still watching XRP closely even if short term price moves look weak.
XRP price stayed inside a narrow range. Sellers kept pressure near one dollar and ninety cents. Buyers stepped in near one dollar and eighty six cents. This back and forth action shows the market is waiting for a clear direction.
At the same time bitcoin tried to move higher and reached close to eighty nine thousand dollars. That move did not last. Within hours the price fell back to around eighty seven thousand dollars. This set a weak tone for the whole market and added pressure to other major coins.
Recent data shows that money is still flowing into XRP funds. About eight million dollars was added in recent sessions. This supports the idea that long term buyers are slowly building positions. They are not chasing fast price moves. They are choosing patience.
This trend fits a bigger picture. Many professional investors now use structured products to gain crypto exposure. They want clear rules strong liquidity and lower risk. XRP fits this style because it trades with deep volume and steady interest.
Short term trading remains difficult. Price moves are quick and often reverse. During the latest session XRP dropped from one dollar and eighty eight cents to one dollar and eighty six cents. Trading activity increased during the drop which shows real selling pressure not just quiet drift.
Price tried to break higher for a short time. It moved out of a small holding area but could not stay there. Sellers returned fast and pushed price back down. This shows supply is still strong at higher levels.
The area near one dollar and ninety cents continues to act as a ceiling. Traders use this zone to sell into strength. On the other side buyers continue to defend the one dollar and eighty six cent level. This creates a tight range and builds tension.
This type of market often leads to a strong move. If buyers can hold support and push price back above one dollar and eighty eight cents the next test would be near one dollar and ninety cents again. A clear move above that could open the door for a larger rise.
If support breaks then price may slide lower. The next area buyers may defend sits closer to one dollar and seventy eight cents. That zone has acted as support in the past.
For now XRP is stuck between hope and hesitation. Long term demand remains steady in the background. Short term traders are still cautious and quick to sell. Until one side wins the range is likely to continue.
The market is watching closely. A clear move is coming.
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