XRP was trading near $1.89 on December 29, steadying after months of persistent downside pressure that have reshaped its market structure since mid-2025. XRP holds near $1.89, but the bearish EMA stack keeps the broader trend tilted lower. Spot netflows stayed negative at about $10.7M, yet price has not re-rated higher. Derivatives activity jumped, but long positioning keeps getting punished in liquidations.
The near-term price level marks a tentative stabilization within a longer bearish framework. The combination signals cautious sentiment with little conviction for a sustained rebound in XRP’s price.
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