Ripple (XRPUSD) fell 1.15% to $2.05 in 24h as investors liquidated positions in the latest transaction round in the cryptocurrency market. Trading details across crypto exchanges showed that XRP bearish move occurred as trading volume plunged by 20% to $1.24 billion on Sunday.
The $2 level has become a magnet for liquidations, with every rally above it met by cascading margin calls. This creates self-reinforcing downward pressure as positions get stopped out.
XRP closed below the 50% Fibonacci retracement level of $2.09 and 30-day average of $2. The MACD histogram turned negative with RSI at 50.45 signalling lost momentum. XRP’s dip reflects a perfect storm of liquidations amplifying technical weakness, compounded by regulatory hesitation.
Traders noted that XRP’s institutional adoption accelerates with key developments. Evernorth, an XRP-focused treasury firm, announced plans for a Q1 2026 IPO to simplify institutional access to XRP. Its model eliminates custody and compliance hurdles by letting investors gain exposure via public equity instead of direct token ownership.
Ripple received preliminary EMI license approval from Luxembourg’s CSSF and UK FCA registration. This enables expanded payment services and RLUSD stablecoin integration with partners like LMAX Group. Spot XRP ETFs now hold 803.78 million XRP worth $1.52 billion, with net weekly inflows surging 47% to $56.83 million.
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