XRP Price Analysis: ETF Inflows Support as Price Tests 0.236 Fibonacci Resistance

Source: CryptoNewsNet Original Title: XRP Price Prediction: ETF Inflows Persist As Price Battles 0.236 Fibonacci Resistance Original Link: https://cryptonews.net/news/analytics/32333048/

Current Price Action

XRP price today trades near $1.9159 as the token consolidates between the $1.80 demand zone and the 0.236 Fibonacci retracement at $1.9888. The setup creates a clear decision zone where bulls must reclaim the Fibonacci level to confirm recovery or risk another test of the January lows.

ETF Inflows Extend Accumulation Pattern

Institutional flows remain positive despite the correction. Data shows XRP spot ETFs recorded $3.43 million in net inflows on January 23, following $2.09 million the prior day. The consistent accumulation contrasts with the $53.32 million outflow on January 20 that marked the capitulation low.

Total ETF assets under management stand at $1.36 billion with cumulative inflows reaching $1.23 billion since launch. The Bitwise XRP fund led yesterday’s inflows with $3.43 million, while the Grayscale GXRP product saw $231.79 million in cumulative flows.

The steady ETF accumulation suggests institutions view current prices as attractive entry points. When fund flows remain positive during corrections, it typically signals that the selloff is reaching exhaustion rather than accelerating.

Fibonacci Levels Define The Battlefield

On the daily chart, XRP’s correction from the October high near $2.70 has found support at the base Fibonacci level near $1.77. The current consolidation sits between this floor and the 0.236 retracement at $1.9888.

Key Fibonacci levels:

• 0 level (swing low): $1.7707
• 0.236 level: $1.9888 (immediate resistance)
• 0.382 level: $2.1238 (recovery target)
• 0.5 level: $2.2828
• 0.618 level: $2.3419
• 1.618 extension: $3.2663

Price currently sits between the 0 and 0.236 levels, the weakest zone in the Fibonacci structure. A daily close above $2.00 would reclaim the 0.236 level and signal that the correction has ended. Failure to break this resistance keeps the bearish structure intact.

The 20-day EMA at $1.9993 converges with the Fibonacci level, creating a confluence zone that represents the first major hurdle for bulls.

Derivatives Activity Rebuilds Slowly

Futures markets show gradual recovery in positioning. Open interest rose 1.96% to $3.37 billion while trading volume increased 10.79% to $4.32 billion. The uptick suggests traders are rebuilding positions after the liquidation flush earlier this week.

The long/short ratio sits at 0.98, nearly balanced. Top traders maintain 3.02 long/short ratio, indicating larger accounts remain net long despite retail caution.

Liquidations stayed minimal at $3.03 million over 24 hours, with longs absorbing $2.05 million. The low liquidation volume suggests leverage has been cleared, leaving cleaner positioning for the next directional move.

Options open interest declined 4.89% to $70.78 million, indicating that some hedging activity has unwound as volatility expectations decrease.

Intraday Structure Shows Compression

Shorter timeframes reveal the consolidation pattern. On the 30-minute chart, XRP has traded inside a narrowing range since January 19, making lower highs while support holds near $1.90.

The descending trendline from the January highs now sits near $1.93 to $1.94. A break above this level would signal short-term momentum shifting bullish and target a test of $2.00 psychological resistance.

RSI sits at 44.64, neutral territory without clear directional bias. MACD hovers near the zero line, reflecting the indecision as price compresses between support and resistance.

The compression typically resolves with a directional breakout. The longer price consolidates, the more forceful the eventual move tends to be.

Outlook: Will XRP Reclaim The 0.236 Fibonacci?

The setup presents clear levels to trade against. The 0.236 Fibonacci at $1.9888 and 20 EMA at $1.9993 define resistance, while $1.80 demand zone anchors support. Resolution will come when one level breaks decisively.

Bullish case: Price breaks the descending trendline and closes above $2.00. Reclaiming the 0.236 Fibonacci targets the 0.382 level at $2.12 and eventually $2.28.

Bearish case: Rejection at $2.00 sends price back to test $1.80 support. A daily close below $1.77 confirms the breakdown and opens $1.60 as the next target.

XRP sits at a pivotal Fibonacci level that will determine the next trend. ETF accumulation provides support, but bulls need to reclaim $2.00 to shift momentum.