Building on the December 17 dip to $1.91 amid Bitcoin volatility, XRP traded steadily around $1.85-$1.86 on December 24, down about 1% in subdued holiday conditions. Spot ETF inflows continued strongly, clashing with profit-taking, technical resistance, and speculation from a large Ripple-linked wallet transfer.
XRP maintained stability in the mid-$1.80s on December 24, ranging between $1.85 and $1.86 on platforms like CoinMarketCap and Investing.com. It posted a 24-hour drop of ~1.20%, with over $2 billion in volume and a $112.46 billion market cap, holding fifth place among cryptocurrencies.
After failing to break $1.96 resistance, XRP pulled back toward $1.90, per FXStreet, with CoinDesk citing $1.906 resistance and support at $1.8615-$1.8700. Traders Union pointed to profit-taking and on-chain pressure, stressing the need to reclaim $1.88-$1.92 for upside momentum—no major bearish news triggered the dip.
A Whale Alert highlighted a 65 million XRP (~$121 million) transfer from a Ripple-linked wallet to an unknown address, per Coinpedia. Views split: potential selling pressure vs. routine treasury or liquidity moves.
Spot XRP ETFs saw $43.89 million inflows on December 23—the best in two weeks—lifting cumulative totals beyond $1.2 billion (AMBCrypto), though social sentiment cooled, diverging institutional buying from retail hesitance.
Supports: $1.85, $1.837, $1.77 (Dec 19 low). Resistances: $1.88-$1.92, $1.90-$1.91, $1.96. Holiday thinned liquidity amplified swings, with U.S. markets closing early.
Amid 2025 milestones like the resolved SEC case, Ripple's conditional OCC bank charter, and $500 million funding at $40 billion valuation, institutional tailwinds persist—but near-term action hinges on technicals and flows.
