$XRP trades near $2.06 as ETF inflows hit $1.28B. Descending triangle signals risk below $2.05, with targets at $1.91 or $2.19.
Ripple’s XRP is trading at $2.06, with a 24-hour volume of $1.37 bn. The token ranks #5 globally, holding a market capitalization of $124.9 bn. Circulating supply stands at 60.7 bn XRP, with a maximum supply capped at 100 bn. Despite solid fundamentals, XRP has slipped 0.28% over the past 24 hours, extending its decline to a fourth consecutive session.
ETF inflows are offering some support. Spot XRP ETFs attracted $1.28 bn, helping absorb selling pressure even as broader market sentiment remains cautious.
Price: $2.06
Market cap: $124.9B
24‑hour volume: $1.37B
ETF inflows: $1.28B
#Price-Prediction XRP Price Prediction: Descending Triangle Signals Breakdown Below $2.05 Toward $1.90
XRP price prediction is neutral as XRP is currently trading around $2.0568, sitting just above a key support zone near $2.0527. Price action is compressing within a descending triangle, a structure often associated with bearish continuation. The triangle’s lower boundary aligns with horizontal support, while the upper trendline shows consistent lower highs. Recent candles show indecision, with small-bodied formations and no clear momentum shift.
The leading technical indicator, such as RSI, is hovering near 45, indicating neutral momentum but leaning slightly bearish. The moving averages (red and blue) remain flat, suggesting a lack of trend strength.
Fibonacci levels highlight $2.1127 and $2.1911 as potential resistance zones if price breaks upward, while $1.9764 and $1.9144 mark downside targets on a breakdown. Until a decisive move occurs, the triangle pattern remains in play.
A confirmed close below $2.0527 could open a short setup targeting $1.9144, while a breakout above $2.1127 would invalidate the bearish bias and favor a move toward $2.1911. Trade idea: short below $2.0527.
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