XRP Price Forecast: $1.92 Support Faces $2 Barrier as XRP ETF Demand Builds and Whales Sell

XRP-USD is trapped under $2 as $1.92–$1.95 becomes the battlefield

XRP-USD price today is pinned near $1.92–$1.94 while $2 keeps rejecting

XRP-USD is trading around $1.92–$1.93, with repeated failures to hold above the $1.95–$2.00 ceiling. Intraday action has stayed tight near $1.90–$1.94 (some feeds show $1.90–$1.95), showing a market that is not trending, but also not capitulating. The broader damage is still visible: XRP is down about 22% over the past two months, and every rebound has been met by supply before price can re-establish $2.00 as support.

$2.00 is not just psychological, it is where supply repeatedly overwhelms demand

The $2 handle has become a pressure valve. Price keeps getting pulled toward it, but it cannot stay above it long enough to shift positioning. That behavior is consistent with a market where sellers are active into strength and buyers are using dips to defend levels rather than chase breakouts.

$1.98 is the real “control level” before $2.00 can matter again

A key technical reference in the data is $1.98 as a high-volume control zone. Until XRP-USD can reclaim $1.98 on closes and hold it, any print near $2 is still part of a range, not the start of a trend.

Whales are feeding exchanges while ETFs absorb dips, and that stalemate explains the range

The market is split between distribution and accumulation. Large holders are steadily supplying liquidity into rallies, while spot ETF flows are providing a floor effect. The result is a compressed band with frequent fake-outs and fast reversals.

Whale wallets are sending XRP to exchanges, especially Binance, which keeps rallies capped

Wallets holding roughly 100,000 to 1,000,000+ XRP have been transferring coins to exchanges, including Binance, a pattern that usually signals planned selling. That supply tends to appear exactly where breakout traders want price to accelerate, which is why upside attempts are losing follow-through.

Top-1% wallet control is still extreme at ~87.6%, but the share is slipping

The concentration level remains heavy: the top 1% control about 87.6% of supply, but that share has moved slightly lower. That is consistent with gradual trimming rather than panic exits, which is worse for momentum because it creates persistent sell pressure without creating a “flush low” that resets the market.

On-chain profitability is a structural drag with only ~52% of supply in profit

Only about 52% of the supply is in profit, meaning nearly half of holders are underwater. That produces mechanical selling into rebounds as participants try to exit at break-even, which is exactly what keeps the $1.95–$2.00 zone heavy.

Spot XRP ETF flows are strong: ~$1.07B net inflows and ~$1.2B in assets, but price still cannot clear $2

Flows are meaningful, not cosmetic. Reported figures show total net inflows around $1.07B since launch and total assets around $1.2B. Another data point flags a weekly net inflow around $82.04M (week ending Dec. 19) and a streak described as 25 consecutive days of inflows. Even with that demand, price action shows the same outcome: inflows are supporting the floor, not forcing a breakout.

Institutional rotation is visible as BTC/ETH products see outflows while XRP products pull in capital

The relative flow picture matters. If capital is leaving Bitcoin and Ethereum ETF products while XRP ETFs keep gathering assets, it explains why XRP-USD remains near $1.90–$1.95 instead of sliding freely with the broader risk tone.

The breakdown at $1.93 flipped support into resistance and increased fragility

The $1.93 zone was tested multiple times as support, then failed. After that failure, the $1.93–$1.95 area becomes a resistance shelf. That is why rebounds keep stalling in the same place.

Volume confirms this was selling pressure, not thin liquidity

One highlighted drop pushed XRP down to about $1.897 around 13:00 UTC on roughly 93.8M tokens, described as ~78% above the 24-hour average. That kind of expansion is a sell-driven breakdown, not a random drift lower.

The micro tape shows repeated failures near $1.95 and weak rebounds near $1.90

A referenced 24-hour window shows XRP slipping from around $1.926 to $1.915, after briefly tagging $1.95. A late-session push printed near $1.907, and while dip-buying appeared around $1.90, rebounds lacked conviction and did not re-enter the prior consolidation band.

$1.90 is the first defense line, but $1.85 is the real range floor

Bulls need $1.90 to hold to prevent follow-through selling. The more important line in the dataset is $1.85, described as a crucial support that has held in prior tests. A clean loss of $1.85 shifts the probability toward deeper downside tests.

The highest-stakes level is $1.77 because demand thins toward $0.80 below it

On-chain cost-basis commentary highlights $1.77 as a cliff. Below $1.77, realized supply is described as thinning significantly until around $0.80. That does not mean price teleports to $0.80, but it does mean the market lacks dense support zones in between, so downside can accelerate if $1.77 breaks decisively.

Bear trend control is still visible under the 50/100-day averages and under Supertrend

The dominant structure remains bearish. XRP-USD is described below the 50-day and 100-day moving averages and below a Supertrend signal. That configuration typically keeps rallies corrective until price reclaims major levels.

Bottoming signals are forming near $1.80–$1.8145, but they need confirmation above $1.98

A swing failure pattern around $1.80 suggests downside exhaustion, and a triple bottom is cited around $1.8145. These are constructive signs, but they remain “potential” until price reclaims the higher value area.

The reversal geometry includes a falling wedge and an inverse head-and-shoulders

A falling wedge and an inverse head-and-shoulders are cited as bullish reversal structures. These only matter if price breaks upward with acceptance above resistance, because failed reversal patterns in a downtrend often lead to deeper continuation selling.