$XRP analysis

XRP continues to lose momentum as the broader crypto market enters a corrective phase, with most large-cap assets trading lower. The pullback has sparked fresh concerns among investors about XRP’s short-term outlook, especially as some analysts warn the token could once again slide below the two-dollar mark. Even so, the same analysts also highlight a bullish scenario in which XRP could rally toward 2.75 dollars if it successfully clears a key resistance zone.

Institutional flows remain a major pillar supporting this optimism. Consistent inflows into US-listed XRP spot ETFs and improving sentiment among fund managers have strengthened expectations for a potential upside move. One market strategist even projects a long-term target near six dollars, helping lift confidence across the community.

At the time of writing, XRP is trading around 2.03 dollars with daily volume down 2.4 percent to 2.4 billion dollars, reflecting growing caution in the market. The decline comes as crypto volatility picks up again. Ethereum, which led yesterday’s rebound following the Fusaka upgrade, has also slipped more than one percent.

Despite the market pullback, ETF demand remains resilient. On December 3, US spot XRP ETFs recorded 50.3 million dollars in net inflows, pushing cumulative inflows since launch to 874.3 million dollars. The fact that XRP is falling even as institutional interest stays strong suggests whales or large holders may be taking profit, temporarily capping upside momentum.

Looking ahead, analysts remain divided but cautiously optimistic. According to Ali Martinez, a decisive break above 2.28 dollars would open the path toward 2.75 dollars. Dark Defender also highlights strong support at 1.8 dollars and sees an extended target near 5.85 dollars if bullish structure holds.

Overall, XRP appears to be setting up for its next major trend, with ETF flows and whale behavior likely determining the timing and strength of its next move.

XRP
XRPUSDT
2.0375
-2.27%