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Ripple’s XRP traded near $2.02 on December 12 as price action stayed muted despite rising capital inflows and expanding institutional access. Market data showed steady accumulation, while technical charts reflected indecision. Traders tracked support near $2.00 as infrastructure growth continued outpacing price movement.
XRP recorded $16.42 million in net inflows at the time of writing. This marked a 19-day streak of positive capital rotation. Price response remained limited despite the sustained flow trend. At the same time, regulated exposure widened through the launch of the 21Shares spot XRP ETF under the ticker TOXR. The product expanded access without triggering an immediate repricing.
Net inflows into XRP continued to build as capital rotated into the asset. The 19-day streak suggested consistent positioning activity rather than short-term speculation. Price action did not mirror the pace of inflow.
Historically, XRP has exhibited phases in which access and liquidity expand first. Price reaction has often followed later, once positioning completes. Current conditions are aligned with that historical pattern.
The ETF launch added another access layer for regulated investors. Despite this development, XRP remained range-bound, keeping traders focused on timing rather than growth metrics.
Ripple Labs received conditional approval from the Office of the Comptroller of the Currency to operate a trust bank. The OCC confirmed that final approval depends on meeting all pre-opening requirements. The approval allows Ripple to diversify revenue streams. The company can explore custody services tied to earlier acquisitions, including GTreasury and Hidden Road.
Ripple may also transition RLUSD cash custody from BNY Mellon to its own bank. Such a shift could reduce long-term custody costs and strengthen internal financial control.
Daily charts published by Crypto WZRD showed XRP closing without a clear direction. XRPBTC reflected similar indecision, increasing focus on Bitcoin dominance for confirmation. XRP traded just above the $2.0000 support zone. A descending trendline from August highs continued to cap upside attempts. Momentum remained tilted lower on the medium-term view.
Resistance stood between $2.2700 and $2.7500. Below the price, $1.9750 marked weak territory, followed by deeper supports at $1.5160, $1.3000, and $1.0700.
A long-term bullish trigger appeared far above current levels. A breakout above $3.6500 opened potential targets between $4.60 and $4.70. Until then, traders watched Bitcoin dominance and lower-timeframe setups closely. As capital inflows grow and infrastructure adoption accelerates, how long can price compression persist before alignment occurs?
Also Read: Ripple CTO Welcomes Solana XRP Integration With wXRP Launch
XRP remains range-bound near key support despite steady capital inflows, regulatory progress, and the expansion of Ripple infrastructure. Spot ETF access and banking approval continue to build the foundation. The key takeaway is timing, as markets watch for price confirmation above resistance to reflect growing adoption and capital strength.
