XRP Price: Rare Buy Signal Flashes as Institutions Pour $243M Into ETFs

TLDR

• XRP price dropped 7.19% to $2.03 after sliding below key support levels near $2.10
• A rare TD Sequential “9” buy signal appeared on the weekly chart, suggesting potential trend exhaustion
• XRP spot ETFs recorded their largest weekly inflow ever at $243.95 million for the week ending November 28
• Trading volume remains strong at $4.19 billion over 24 hours despite the price decline
• XRP maintains high correlation with Bitcoin at approximately 0.85, making BTC’s direction critical

XRP is trading at $2.03 after a sharp decline that pushed the price below several key technical levels. The cryptocurrency fell 7.19% over the past 24 hours as part of a broader market pullback affecting most digital assets.

The price started dropping after failing to maintain support above $2.10 and $2.05. XRP briefly touched a low of $1.984 before consolidating near current levels. The cryptocurrency is now trading below its 100-hour Simple Moving Average, a technical indicator often used to gauge short-term momentum.

A bearish trend line has formed with resistance at $2.120 on the hourly chart. This level aligns with the 50% Fibonacci retracement of the recent downward move from $2.275 to $1.984. If XRP manages to break above $2.120, the next resistance levels sit at $2.20 and $2.250.

On the downside, immediate support is located near $2.00. A break below this level could send the price toward $1.9850 and potentially $1.920 if selling pressure continues.

Despite the price decline, trading activity remains robust. XRP recorded more than $4.19 billion in trading volume over the past day, showing that traders and institutions continue to actively participate in the market.

Technical Signal Points to Possible Reversal

Crypto analyst Ali highlighted that XRP has printed a TD Sequential “9” buy signal on the weekly timeframe. This technical indicator, developed by trader Tom DeMark, is designed to identify potential trend exhaustion by counting consecutive candle closes.

The TD Sequential tool has historically shown a 65-75% probability of indicating short-term reversals in high-volatility assets. XRP’s recent decline from $3 to the $2.05 region fits the pattern of previous TD setups that preceded temporary trend reversals.

However, analysts note that TD signals can be less reliable during stronger macro downtrends. The indicator’s effectiveness often depends on broader market conditions and Bitcoin’s overall direction.

XRP currently maintains a correlation of approximately 0.85 with Bitcoin. This high correlation means Bitcoin’s price movements will likely continue to influence XRP’s short-term behavior.

Record ETF Inflows Show Institutional Interest

Institutional buyers poured $243.95 million into XRP spot ETFs for the week ending November 28. This marks the largest weekly inflow since XRP ETFs launched, according to data shared by crypto researcher STEPH IS CRYPTO.

The record inflows occurred even as XRP’s price declined, suggesting institutional investors view current levels as attractive entry points. This data aligns with independent tracking from platforms like CoinGlass, which monitor weekly ETF flow trends across major digital assets.

A 2025 EY-Parthenon institutional asset allocation survey found that nearly 60% of institutions now hold exposure beyond Bitcoin and Ethereum. XRP has become one of the preferred altcoins as regulatory clarity improves.

However, XRP’s large pre-mined supply of 100 billion tokens tends to dilute the immediate price impact of new capital compared to supply-capped cryptocurrencies like Bitcoin. This means that even large inflows may take time to translate into price appreciation.

Market participants remain divided on XRP’s near-term direction. Some traders view the combination of the TD Sequential buy signal and record ETF inflows as early signs of stabilization that could support a relief rally if Bitcoin holds above key support levels.

Others caution that previous TD Sequential signals have appeared during prolonged downtrends without triggering meaningful upside movement. Elevated Bitcoin volatility and shifting macroeconomic conditions could keep pressure on risk assets including cryptocurrencies.

Traders are watching the $2.40 resistance zone closely. A breakout above this level would strengthen the case for a broader recovery. XRP must also hold above $2.00 support to keep short-term bullish scenarios viable.

The ongoing legal developments between Ripple and the SEC continue to influence investor confidence and institutional allocation decisions. As Ripple expands its global partnerships and regulatory clarity progresses, long-term sentiment toward XRP may strengthen further.

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