XRP Leans Sideways While Traders Watch the $2.16–$2.25 Corridor

Bitcoin's price is currently trading between $90,658 and $91,394, showing momentum as it approaches recent highs, with a peak of $91,849 noted in the past 24 hours. This upward movement follows a period of volatility where Bitcoin's price fluctuated significantly, including a dip to $80,000.

Ethereum (ETH) is attempting to recover from a recent market correction, with analysts suggesting a potential end-of-year rally that could see prices jump by 50% in December. The cryptocurrency is currently retesting the $3,000 mark after experiencing a 4.4% daily surge, although it has faced resistance in reclaiming this level.

Bitcoin has rebounded past $91,000, reflecting a positive trend in the cryptocurrency market as XRP exchange-traded funds (ETFs) continue to attract significant attention. This surge follows a broader recovery in crypto prices, with Bitcoin's recent performance indicating renewed investor confidence.

XRP is currently trading near $2.20, experiencing a slight 0.5% gain in the past 24 hours, while its supply on Binance has dropped to the lowest level of 2025, indicating reduced sell-side pressure. This development comes after a recent decline where XRP's price fell to a six-week low of $2.12 due to profit-taking and reduced trading activity.

XRP has shown a V-shaped recovery, aligning with the recent launch of Spot XRP ETFs in the United States, which has generated significant interest among institutional investors. This recovery is marked by a surge in XRP's price, reflecting a positive shift in market sentiment towards the cryptocurrency.

Two new XRP exchange-traded funds (ETFs) launched recently, absorbing 80 million tokens, coinciding with a bullish price formation after encountering resistance at $2.20. This development indicates a significant uptick in interest and investment in XRP, reflecting a positive sentiment in the cryptocurrency market.

Crypto prices have shown modest gains today, with Bitcoin (BTC) reclaiming the $90,000 mark and a total market capitalization rising to $3.2 trillion, indicating the beginning of a recovery from November's sharp pullback. Other major cryptocurrencies, including Ethereum (ETH), XRP, and BNB, also experienced positive movements amid this market correction.

An Ethereum ICO whale has sold 20,000 ETH, valued at approximately $58 million, amid intensifying selling pressure that has seen Ethereum's price fall below the critical $3,000 level. This decline has raised concerns about a potential prolonged bearish phase for the cryptocurrency, with ETH trading nearly 40% below its August all-time high.