Institutional ETF Buying and Liquidity Bands Drive XRP Momentum, Targeting $2.30 Resistance

XRP’s price repeatedly respects rising trendline support,maintaining momentum toward the critical $2.28–$2.30 resistance. ETF inflows totaling over $723 million highlight growing institutional interest in XRP’s near-term market structure. Liquidity zones between $2.15–$2.30are attracting reversals and supporting structured accumulation during market fluctuations. XRP has experienced notable fluctuations at the technical support due to emerging institutional interest. Market activity shows stabilization near key trendlines and liquidity zones. Investor attention has shifted toward ETF-related inflows and critical resistance levels. Market Liquidity Shapes Price Action Recent analysis indicates XRP has seen a large liquidation of long positions, with limited formation of new shorts. The main resistance for short positions remains around $2.30. Price movements often interact with liquidity bands, where bright zones represent high resting orders and darker areas indicate thinner liquidity. Within the 2.15–2.28 range, price repeatedly gravitated toward strong horizontal liquidity bands. These areas act as focal points, where buy or sell orders accumulate. Price often wicks into these zones before reversing, reflecting market participants reacting to visible liquidity pools. A pronounced liquidity band around 2.30 led to a sharp upward probe followed by rejection. Afterward, XRP consolidated in a narrower range, with liquidity thickening beneath, suggesting accumulation. The breakdown through the 2.10 cluster triggered rapid acceleration toward the $2.00 region, where liquidity became fragmented as bearish momentum grew. https://twitter.com/CW8900/status/1995748652195717559?s=20 Technical Support and Trendline Stability XRP currently stabilizes along a rising trendline, showing multiple respects of support. According to analyst Henry LordOfAlts, price rebounded after days of decline, demonstrating strength at trendline support. Recent tests indicate buyers consistently step in at higher lows. The 2.28–2.30 resistance zone remains a challenging level. If buyers maintain trendline support, price could retest this resistance. Conversely, failure to hold the base may shift momentum lower, potentially weakening bullish structure. https://twitter.com/LordOfAlts/status/1995859700265464219?s=20 Additional indicators reinforce this technical view. Strong horizontal support exists from previous years, along with the weekly 100 EMA. High-volume demand zones between $1.80–$2 provide further defensive layers for buyers, making this area critical for ongoing price stabilization. ETF Activity and Market Sentiment XRP received renewed attention as Vanguard allows ETF clients access starting tomorrow, following Bloomberg reports. Early December inflows reached $90 million on the first day of US spot crypto ETF flows. Whale Insider reported total ETF-held net assets now surpass $723 million. Market sentiment, reflected by Net Unrealized Profit/Loss (NUPL), shows XRP transitioning from optimistic phases to early loss-taking. Periods of high NUPL align with profit-taking, while declines signal caution among holders. Current sentiment reflects careful accumulation near trendline support. Analysts noted that XRP may rebound toward the 2.20–2.30 region if buying pressure continues. The post Institutional ETF Buying and Liquidity Bands Drive XRP Momentum, Targeting $2.30 Resistance appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.