XRP has shown an interesting shift in its recent price movement. The current price is oscillating in the $2.08-2.16 range, and although the 24-hour decline has reached 7.53%, this is largely a normal reaction to short-term profit-taking and broader market volatility. More notably, XRP has accumulated a gain of 18.5% since the beginning of the year, with the recent adjustment just starting now.
From a capital flow perspective, the US spot XRP ETF performance has been quite impressive. Cumulative inflows to date have reached $1.37 billion, with December 2025 alone attracting $478 million, clearly demonstrating sustained institutional investor confidence. Traditional financial institutions like Standard Chartered Bank are also beginning to pay attention to this asset and have issued a target price of $8 for 2026, which is a positive signal for long-term holders.
On the technical side, the daily chart has formed a bullish "descending wedge breakout" pattern, which typically signals an incoming rebound. It has already successfully broken through the key $2.05-2.10 range, with the near-term support level set at $2.10 (the previous breakout level has converted into support). If it can stabilize at this level, the next resistance target would be $2.35 (the 200-day moving average). Once this resistance level is firmly held, the $2.60-2.70 target becomes within visible reach.
In summary, the 24-hour decline does not change the medium-term uptrend. Continued institutional fund inflows and positive technical signals both provide support for the subsequent price movement.
XRP has shown an interesting shift in its recent price movement. The current price is oscillating in the $2.08-2.16 range, and although the 24-hour decline has reached 7.53%, this is largely a normal reaction to short-term profit-taking and broader market volatility. More notably, XRP has accumulated a gain of 18.5% since the beginning of the year, with the recent adjustment just starting now.
From a capital flow perspective, the US spot XRP ETF performance has been quite impressive. Cumulative inflows to date have reached $1.37 billion, with December 2025 alone attracting $478 million, clearly demonstrating sustained institutional investor confidence. Traditional financial institutions like Standard Chartered Bank are also beginning to pay attention to this asset and have issued a target price of $8 for 2026, which is a positive signal for long-term holders.
On the technical side, the daily chart has formed a bullish "descending wedge breakout" pattern, which typically signals an incoming rebound. It has already successfully broken through the key $2.05-2.10 range, with the near-term support level set at $2.10 (the previous breakout level has converted into support). If it can stabilize at this level, the next resistance target would be $2.35 (the 200-day moving average). Once this resistance level is firmly held, the $2.60-2.70 target becomes within visible reach.
In summary, the 24-hour decline does not change the medium-term uptrend. Continued institutional fund inflows and positive technical signals both provide support for the subsequent price movement.