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XRP Holds Near $2 as Breakout Faces Key Retest Before U.S. Crypto Vote

Analysts see momentum hinging on adoption alongside regulatory clarity.

Overview

  • XRP trades around $2.03–$2.10 after an early‑January push to roughly $2.40, with the recent daily breakout above a descending channel now hinging on a hold of the $2.00 pivot.
  • Short‑term signals show cooling, including a weekly gravestone doji and weakening RSI/MACD, and a loss of $2.00 could reopen downside toward $1.90–$1.80.
  • Traders are cautious into the Jan. 15 Digital Asset Market Structure and Clarity Act vote, with near‑term resistance flagged at $2.18, then $2.32–$2.50, and intraday supports near $2.05 and $2.02.
  • XRPL’s EVM sidechain remains largely unused, with less than $50,000 in TVL and reports of just $38 in chain revenue, underscoring an adoption gap despite new tooling.
  • Multiple outlets and analysts reiterate a 2026 path toward $3 or more, with expectations tempered by the need for sustained institutional uptake, Ripple’s bank‑like push, and broader macro drivers.