XRP is quietly accumulating beneath resistance as institutions keep buying — but the chart’s structure still calls the shots. Key flows and positioning - Spot ETFs recorded a $10.63 million inflow in a single session, lifting ETF-held XRP to roughly $1.56 billion. That steady, multi-session allocation looks like long-term positioning from institutional buyers rather than knee‑jerk speculation. - At the same time, spot exchanges saw net outflows of $7.41 million, indicating coins are leaving centralized venues and reducing immediately available sell-side liquidity. These outflows appear to complement ETF accumulation rather than contradict it. What this means: repeated ETF purchases and shrinking exchange balances gradually absorb supply and support price stability, but they have not yet produced a decisive price response. Accumulation is building beneath resistance, lowering downside acceleration risk, but structural confirmation is still required for a sustained rally. Technical backdrop - Daily price action remains trapped in a clearly defined descending channel, keeping the broader trend corrective. Buyers defended the channel’s lower boundary with a recent bounce, while sellers reasserted control near the channel top. Until XRP reclaims that upper area, downside structure remains intact. - Key levels: demand around $2.05–$2.10; layered resistance between $2.35 and $2.65. - Momentum: the RSI has rebounded toward the midline after extended weakness, suggesting stabilization but not a validated reversal — it needs a decisive push higher to confirm any channel breakout. On-chain and derivatives signals - Network Value to Transactions (NVT) rose 4.46% to 177.25, signaling that market value is expanding faster than on‑chain transaction activity. Elevated NVT often accompanies consolidation; upside may face friction until network usage accelerates. - Funding rates fell about 43.13%, showing a sharp reduction in leveraged positioning. Traders are taking fewer aggressive directional bets, which lowers liquidation risk and makes volatility compression — rather than explosive derivatives-led moves — more likely. Bottom line Institutional demand is building beneath resistance — ETFs are accumulating, exchange supply is declining, leverage has cooled and momentum has stabilized. Those are constructive developments that reduce downside pressure. However, XRP remains structurally constrained inside a descending channel. Accumulation alone won’t trigger a sustained rally without a confirmed breakout above the channel and supporting on‑chain activity. What to watch next - Continued ETF inflows and further declines in exchange balances. - A decisive reclaim of the channel’s upper boundary and movement above $2.35–$2.65. - Rising on‑chain activity to validate higher valuation (NVT normalization). - RSI pushing well above mid-range to confirm momentum shift. Sources: TradingView, CoinGlass, CryptoQuant Disclaimer: AMBCrypto’s content is informational only and not investment advice. Crypto trading carries high risk — do your own research before making any decisions. © 2026 AMBCrypto Read more AI-generated news on: undefined/news

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