As of December 17, 2025, XRP trades around $1.92–$1.94, down sharply from its July 2025 highs near $3.40, per. Binance futures taker buy volume has plunged 96% from $5.8B in July to $250M, signaling aggressive buyers have retreated, per CryptoQuant. The Estimated Leverage Ratio dropped to 0.18, one of the lowest in the cycle, indicating traders unwinding positions amid risk-off sentiment, per. This structural weakness, despite XRP ETF inflows, suggests fading conviction,
On-chain data reveals negative volume delta across retail, mid-size, and large wallets in December, meaning more XRP was sold than bought. Exchange reserves hit a 2-year low, with whales accumulating during dips but overall participation declining, per. Spot trading volume fell, and the taker buy-sell ratio remained negative, confirming sellers dominate, per. Despite $1B+ in XRP ETF assets and a 30-day inflow stream, the data hasn’t translated to sustained buying, per.
U.S. spot XRP ETFs crossed $1B in holdings with consistent inflows ($8.54M on December 16), per, but haven’t offset derivatives selling, per. Analysts note ETF hype often leads to “sell the news,” with XRP failing to hold $2.00 support, per. Jackson Hole and FOMC minutes could sway sentiment—if dovish, a rally to $2.20; hawkish, a drop toward $1.75–$1.90
XRP hovers near $1.93, with $2.00 as key support— a break risks $1.75 or $1. Short-term consolidation likely until macro clarity, with $2.459 resistance overhead, per. Long-term, ETF approvals and Ripple partnerships could push $3–$5 by 2026, per. Monitor ETF flows on SoSoValue and on-chain via CryptoQuant. Dollar-cost average with stop-losses below $1.80, diversify into USDC. Follow @TheBlock__ on X for updates. Demand collapse signals caution, but ETF momentum offers hope.
