XRP Tests Critical $1.35 Support as Institutions Accumulate
XRP trades near $1.37 (-2.22%) after breaking below its multi-month descending trendline. Despite Goldman Sachs disclosing $153M exposure via regulated XRP ETFs, price structure remains technically weak.
◻️ Institutional Positioning
Goldman’s $153M allocation contributes to $1.01B in total XRP ETF assets. However, ETF inflows (+$3.26M) remain modest compared to spot market behavior. Institutional exposure is growing — but not aggressively enough to offset broader selling pressure.
◻️ Spot Flow Warning
February 11 recorded $29.82M in net spot outflows. When spot exits accelerate while ETF inflows stay limited, it signals retail and active traders are reducing risk faster than institutions are accumulating.
◻️ Technical Breakdown
XRP has fallen below all major EMAs:
20D: $1.59
50D: $1.79
100D: $1.98
200D: $2.17
All moving averages now act as overhead resistance. RSI sits near 32–33 (approaching oversold), but no confirmed reversal signal yet.
◻️ Key Levels
Bullish: Reclaim $1.40 → $1.50 → $1.59 (trend shift confirmation).
Bearish: Daily close below $1.35 opens path toward $1.00 and potentially $0.50 demand zone.
For now, structure remains decisively bearish unless $1.35 holds with strong spot absorption.