Buyers Hold The Ascending Base as ETF Demand Returns And OI Surges

• XRP holds the key ascending trendline near $2.00 as ETF inflows return with three straight sessions of net creations.
• Open interest climbs to $4.11B while options exposure surges, signaling traders are building long positions again.
• XRP faces a heavy EMA ceiling at $2.36 as bulls attempt to break the falling structure after weeks of downside pressure.

XRP price today trades near $2.22 after defending the long-term ascending trendline that has anchored the broader structure since early 2025. The rebound comes as fresh ETF inflows and rising open interest help offset recent volatility, giving buyers the first meaningful foothold after weeks of downward pressure.

ETF Inflows Provide Support As Market Reassesses Risk

XRP continues to attract consistent ETF inflows, a trend that has helped stabilize sentiment. Data shows $9.91 million in net creations on November 26 across the Bitwise, Franklin, Canary, and Grayscale products. This follows $15.90 million on November 25 and a strong $80.11 million on November 24.

The steady inflow pattern signals institutional demand is returning after a difficult first half of the month. Large creations from Franklin and Grayscale earlier in the week indicate that fund managers are not stepping away from exposure, even as spot price remains compressed inside a falling trendline.

Derivatives Positioning Shows Buyers Building Long Exposure

Futures metrics show confidence returning. Open interest has risen 3.14 percent to $4.11 billion, indicating traders are adding exposure rather than closing positions. Options open interest has surged 52.73 percent, lifting total options OI to $126.33 million.

The long-short ratios confirm that traders are positioning for upside. Binance accounts show a 2.56 long-short ratio, while top trader positions stand near 1.29. OKX accounts reflect 1.42 in favor of longs.

Related: Kaspa Price Prediction: Bulls Force a Sharp Reckoning for Prolonged Downtrend

Liquidation data also leans constructive. Across 24 hours, long liquidations were $1.93 million, while short liquidations reached $2.53 million, signaling that sellers are increasingly caught on the wrong side of intraday moves.

The futures market is not showing signs of forced deleveraging. Instead, capital is returning as traders anticipate a reversal attempt near key Fibonacci and trendline levels.

Daily Chart Holds Long-Term Trendline But Faces Heavy EMA Resistance

XRP continues to trade inside a large descending triangle, but the long-term ascending base remains intact near the $1.95 to $2.00 zone. The latest rebound confirms buyers are protecting that support.

Price sits below all major EMAs:

• 20-day EMA: $2.208
• 50-day EMA: $2.369
• 100-day EMA: $2.516
• 200-day EMA: $2.521

This cluster forms a heavy ceiling above $2.36, limiting upside momentum. The 0.382 Fibonacci level at $2.49 reinforces that same supply zone.

The next critical test lies at the 0.5 Fib retracement at $2.71, but XRP must first close above the EMA group to unlock higher targets.

On the downside, the ascending trendline and the 0.236 Fib at $2.17 continue to act as the main pivot. A sustained close below $2.17 would expose $2.00 and the structural floor near $1.90.

Intraday Charts Show Compression Inside Falling Channel

The 30-minute chart shows XRP trading inside a short-term descending channel. Parabolic SAR remains above price, signaling that downward pressure has not fully eased. The RSI sits between 47 and 52, reflecting balanced but cautious momentum.

A break above $2.24 would flip the SAR and challenge the channel’s upper boundary. A rejection at the current band risks a retest of $2.15, where buyers previously stepped in.

Intraday momentum has improved compared to earlier sessions, but confirmation requires a clean close above $2.24 with rising volume.

Outlook. Will XRP Go Up?

The next move depends on XRP’s ability to break past the EMA cluster and reclaim the mid-Fibonacci band.

• Bullish case: A close above $2.36 opens a move toward $2.49, followed by $2.71. Rising ETF inflows and strengthening open interest support this path. A breakout above $2.71 would shift the broader structure back into an uptrend and expose $2.93.
• Bearish case: Failure to hold $2.17 sends XRP back toward $2.00. A close below $1.95 breaks the long-term ascending base and shifts bias fully bearish, targeting $1.77.