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XRP Price Prediction: Price Compresses as Sellers Defend The Trendline


XRP Price Prediction: Price Compresses as Sellers Defend The Trendline

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  • XRP trades near $2.15 after repeated rejections at $2.21, forming a tightening wedge with rising breakout risk.
  • Spot flows remain negative with $17.6M in outflows, signaling weak demand and limiting upside momentum.
  • Open interest edges higher but volume falls nearly 30 percent, showing traders positioning cautiously ahead of a move.

XRP price today trades around $2.15 after failing to break above $2.21, the level that rejected price several times in the past two weeks. The market is stuck inside a tightening wedge, with lower highs and higher lows forming a pressure point. That pattern usually ends with a sharp breakout, and the direction often depends on volume.

Spot Outflows Show Weak Demand

XRP Netflows (Source: Coinglass)

Spot flows remain negative. Coinglass shows roughly $17.6 million in net outflows on December 4. The market has seen a steady run of ou…

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