Ripple’s XRP entered a deeper corrective phase on Tuesday after breaking below the critical $2.07 support zone, a level that had held multiple intraday retests earlier in the week. The move comes despite accelerating institutional participation, with spot XRP ETFs surpassing $850 million in inflows since launching in mid-November — one of the strongest altcoin ETF debuts on record.The divergence between strengthening fundamental demand and weakening technical structure has sharpened trader focus on the next major support at $2.05, a level several analysts warn may now be at risk.Institutional Demand Builds, but Market Liquidity Remains ThinXRP continues to face a split environment:ETF flows remain robust, with long-horizon capital steadily accumulating exposure.Speculative activity, however, has cooled, with declining open interest across major venues signaling a more risk-off posture.Bitcoin’s inability to reclaim key weekly levels has added pressure across the altcoin complex.This mismatch — strong institutional inflows versus restrained retail and derivatives participation — has left XRP more vulnerable to technical breakdowns, despite improving fundamentals.Technical Breakdown: $2.07 Support Fails on Expanding VolumeXRP attempted to stabilize above the $2.07–$2.11 band throughout the session, but repeated lower highs signaled waning buyer momentum. Every rejection near $2.11–$2.13 came with rising volume — a classic indication of seller control.The decisive shift occurred in the session’s final hour:$2.07 collapsed on a high-volume spike, confirming a structural breakdown.A secondary burst at 03:24 GMT pushed XRP toward the $2.00 handle, validating that the move was not a false break.Former support at $2.07 has now flipped into immediate resistance.Momentum indicators have turned firmly bearish, with RSI drifting lower and MACD accelerating into negative territory.Price Action SnapshotXRP dropped from $2.20 → $2.10, a 5.7% decline across a $0.13, 24-hour range.A volume spike at 19:00 UTC — 68% above normal — marked the rejection at $2.13.Price briefly traded near $2.00 before recovering to the $2.10–$2.12 band.XRP remains below all intraday resistance levels, keeping downside momentum intact.Key Levels to WatchImmediate resistance:$2.07–$2.11 — must be reclaimed with conviction to reestablish bullish structure.Downside targets:$2.05 — analysts flag as the next critical retest.$1.90–$1.97 — deeper demand region if $2.05 fails.November lows — would come into play if bearish pressure accelerates.Despite ETF inflows providing longer-term support, institutional accumulation did not offset the short-term structural weakening observed on intraday charts.Market OutlookXRP now sits at a pivotal technical juncture. A clean bounce from $2.05, paired with a decisive reclaim of $2.11, would be the earliest constructive signal that buyers are regaining strength.Until then, the near-term bias remains cautious:Trend: BearishMomentum: BearishStructure: Below support, resistance overheadETF flows: Strong but not yet driving price stabilization

According to Foresight News, the China Internet Finance Association, along with six other associations, issued a joint risk warning today regarding illegal activities related to virtual currencies. Previously, on April 13, 2022, the China Internet Finance Association had released an initiative to prevent financial risks associated with NFTs, emphasizing the need to curb the financialization and securitization of NFTs and to strictly guard against illegal financial activities. The associations urged their member units not to invest directly or indirectly in NFTs and to refrain from providing financing support for NFT investments. They also advised against using methods such as fractional ownership or mass creation to undermine the non-fungible characteristics of NFTs, which could lead to disguised token issuance financing (ICO). Furthermore, they cautioned against including financial assets such as securities, insurance, credit, or precious metals in the underlying goods of NFTs, which could result in the issuance and trading of financial products in disguise.

XRP crashed over 4% on Friday, December 5, extending its now two-month-long general decline, which has seen the token’s price drop more than 30% since October 5. Punctuating the downward trend, the previous 24 hours have witnessed $7.83 million in long positions liquidated from the market, as per real-time liquidation data Finbold reviewed on Coinglass. XRP December 5 liquidations source: https://finbold.com/xrp-bears-take-control-as-8m-in-long-positions-wiped-out/

HashKey plans a $200M IPO in Hong Kong to boost digital asset growth, amid challenges and opportunities in the crypto market. source: https://coincu.com/news/hashkey-plans-200-million-ipo-in/

Aster is no longer presenting itself simply as a derivatives venue — it is attempting to reinvent its identity as […] The post Aster Reveals 2026 Roadmap With New Blockchain and Staking Plans appeared first on Coindoo. source: https://coindoo.com/aster-reveals-2026-roadmap-with-new-blockchain-and-staking-plans/

China's financial bodies collectively warn against illegal virtual currency activities, strengthening existing regulations. source: https://coincu.com/news/china-reasserts-ban-on-crypto/

Recommended reading tonight: 1. Controversial Strategy: The Dilemma of BTC Faith Stocks After the Crash; 2. Why Do L1 Tokens Continue to Underperform BTC; 3. The End of the DAT Myth? What's Next for Bitcoin Treasury Companies?

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