The post Persistent Downtrend Threatens $2 Support as Flows Stay Negative appeared on BitcoinEthereumNews.com. XRP trades below major EMAs and a descending trendline, with sellers rejecting every rally since July. Net outflows above $6.6M signal ongoing distribution, limiting the strength of recovery attempts. Derivatives positioning leans heavily long into resistance, raising risk of accelerated downside if support fails. XRP price today trades near $2.07, stabilizing after a volatile week that extended the broader downtrend. Price remains capped beneath a long-term descending trendline while sitting inside a falling channel that has defined recent structure. Sellers continue to pressure recovery attempts as spot flows stay negative and key moving averages turn into resistance. Sellers Defend Long Term Trendline XRP Price Action (Source: TradingView) On the daily chart, XRP continues to respect the descending trendline that has rejected every upside attempt since July. Each rebound into this line has faded quickly, turning it into a structural ceiling that reinforces bearish sentiment. Price also trades below the 20, 50, and 100-day EMAs, which sit near $2.27, $2.43, and $2.47. These levels now function as layered resistance rather than support. Until XRP closes above this cluster, buyers remain reactive rather than dominant. The lower boundary of the falling channel aligns near $1.95 to $1.85, a zone that defended price during the last capitulation event. A retest is not guaranteed, but it remains technically valid while price trades below the trendline. Parabolic SAR dots are positioned above price, confirming that momentum is still tilted down on the higher timeframe. Spot Outflows Highlight Distribution XRP Netflows (Source: Coinglass) According to the latest data, XRP recorded net outflows of more than $6.6 million on December 8, extending a string of negative sessions that spans several weeks. This follows a longer period of consistent distribution, illustrated by a deep stretch of red bars across the chart. Despite minor inflow spikes, sellers have dominated… The post Persistent Downtrend Threatens $2 Support as Flows Stay Negative appeared on BitcoinEthereumNews.com. XRP trades below major EMAs and a descending trendline, with sellers rejecting every rally since July. Net outflows above $6.6M signal ongoing distribution, limiting the strength of recovery attempts. Derivatives positioning leans heavily long into resistance, raising risk of accelerated downside if support fails. XRP price today trades near $2.07, stabilizing after a volatile week that extended the broader downtrend. Price remains capped beneath a long-term descending trendline while sitting inside a falling channel that has defined recent structure. Sellers continue to pressure recovery attempts as spot flows stay negative and key moving averages turn into resistance. Sellers Defend Long Term Trendline XRP Price Action (Source: TradingView) On the daily chart, XRP continues to respect the descending trendline that has rejected every upside attempt since July. Each rebound into this line has faded quickly, turning it into a structural ceiling that reinforces bearish sentiment. Price also trades below the 20, 50, and 100-day EMAs, which sit near $2.27, $2.43, and $2.47. These levels now function as layered resistance rather than support. Until XRP closes above this cluster, buyers remain reactive rather than dominant. The lower boundary of the falling channel aligns near $1.95 to $1.85, a zone that defended price during the last capitulation event. A retest is not guaranteed, but it remains technically valid while price trades below the trendline. Parabolic SAR dots are positioned above price, confirming that momentum is still tilted down on the higher timeframe. Spot Outflows Highlight Distribution XRP Netflows (Source: Coinglass) According to the latest data, XRP recorded net outflows of more than $6.6 million on December 8, extending a string of negative sessions that spans several weeks. This follows a longer period of consistent distribution, illustrated by a deep stretch of red bars across the chart. Despite minor inflow spikes, sellers have dominated…

Persistent Downtrend Threatens $2 Support as Flows Stay Negative

2025/12/08 17:23
  • XRP trades below major EMAs and a descending trendline, with sellers rejecting every rally since July.
  • Net outflows above $6.6M signal ongoing distribution, limiting the strength of recovery attempts.
  • Derivatives positioning leans heavily long into resistance, raising risk of accelerated downside if support fails.

XRP price today trades near $2.07, stabilizing after a volatile week that extended the broader downtrend. Price remains capped beneath a long-term descending trendline while sitting inside a falling channel that has defined recent structure. Sellers continue to pressure recovery attempts as spot flows stay negative and key moving averages turn into resistance.

Sellers Defend Long Term Trendline

XRP Price Action (Source: TradingView)

On the daily chart, XRP continues to respect the descending trendline that has rejected every upside attempt since July. Each rebound into this line has faded quickly, turning it into a structural ceiling that reinforces bearish sentiment.

Price also trades below the 20, 50, and 100-day EMAs, which sit near $2.27, $2.43, and $2.47. These levels now function as layered resistance rather than support. Until XRP closes above this cluster, buyers remain reactive rather than dominant.

The lower boundary of the falling channel aligns near $1.95 to $1.85, a zone that defended price during the last capitulation event. A retest is not guaranteed, but it remains technically valid while price trades below the trendline.

Parabolic SAR dots are positioned above price, confirming that momentum is still tilted down on the higher timeframe.

Spot Outflows Highlight Distribution

XRP Netflows (Source: Coinglass)

According to the latest data, XRP recorded net outflows of more than $6.6 million on December 8, extending a string of negative sessions that spans several weeks.

This follows a longer period of consistent distribution, illustrated by a deep stretch of red bars across the chart. Despite minor inflow spikes, sellers have dominated since early fall.

Intraday Structure Shows Relief Attempts, But Confirmation Lacking

XRP Short-Term Price Action (Source: TradingView)

Lower timeframes show an effort to stabilize after the latest selloff. On the 30-minute chart, XRP bounced from $2 and climbed back into the $2.07 to $2.1 range, forming a short-term rising trendline.

Supertrend flipped red earlier in the session and continues to cap upside pressure. Until price closes above $2.09 to $2.11, the bounce lacks confirmation.

RSI sits near 55, showing momentum improvement after an oversold stretch, but not strong enough to signal trend reversal.

If the intraday uptrend holds, price could retest the resistance band above. A rejection sends it back toward $2.02 to $1.98.

Derivatives Positioning Leans Long, Raising Risk

XRP Derivative Analysis (Source: Coinglass)

Derivatives activity has increased sharply. Volume surged 130 percent to $5.6 billion, while open interest expanded slightly to $3.67 billion.

Top traders on major exchanges hold a long-leaning bias, with ratios above 2.7 on Binance USDT pairs. This positioning matters because when leverage skews long into resistance, breakdowns tend to accelerate.

Liquidation data shows relatively small wipes, implying that positions are still intact and risk remains on the table if volatility spikes.

In short, derivatives traders are positioning for upside, but price structure does not confirm it, creating a vulnerability if the current bounce stalls.

Outlook. Will XRP Go Up?

The next move hinges on whether buyers can absorb supply at higher levels and overcome the compression zone created by the trendline.

  • Bullish case: A clean break above $2.27 with strong volume opens the door to $2.43 and $2.55. Clearing the trendline signals a shift in momentum and begins a larger recovery phase.
  • Bearish case: Failure to hold $2.00 to $1.95 exposes the lower channel near $1.85, with deeper liquidity resting below. That move would confirm continued outflows and extend the corrective trend.

If XRP reclaims $2.27, sentiment improves. Losing $1.95 turns the move into a broader continuation of the downtrend heading into year-end.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Source: https://coinedition.com/xrp-price-prediction-persistent-downtrend-threatens-2-support-as-flows-stay-negative/

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Coinstats2025/09/17 23:40