XRP Price Prediction: Trendline Rejection Restricts Upside While Bears Target $2.20

• XRP trades near $2.31 after rejecting the descending trendline, keeping upside capped below the EMA cluster.
• CoinGlass data shows $24.97M in net spot outflows, signaling distribution instead of accumulation at support.
• A close below $2.20 exposes $2.10 and $1.95, while reclaiming $2.42–$2.66 is needed to flip the structure bullish.

XRP trades near $2.31 at press time, hovering just above the critical demand zone between $2.20 and $2.25. The market is reacting to continued spot outflows and persistent lower highs on the daily chart, reflecting hesitation from buyers as sellers defend key moving averages.

Spot Outflows Show Distribution As Buyers Step Back

CoinGlass data shows $24.97 million in net spot outflows. Outflows indicate tokens are being transferred back to exchanges rather than removed for long-term holding. When outflows increase…

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