XRP has held the key support level within the five-day downtrend channel. Analyst EGRAG CRYPTO describes this movement as a "controlled correction" and believes there is a 60% chance of an upward breakout. Since mid-November, the spot XRP ETF has absorbed nearly 1% of the circulating supply, indicating strong institutional capital inflows. Short-term signals are mixed; the buy-sell ratio shows selling pressure is easing, but heavy sell orders and a significant four-hour reversal candlestick limit its short-term gains.