Overview
- XRP trades around $2.03–$2.10 after an early‑January jump to about $2.40, with $2.00 now the decisive level to keep the recent daily channel breakout intact.
- Weekly spot ETF net inflows fell to $38.07 million in the week to Jan. 9, the lowest since launch, while ETP trading stayed active and U.S. spot funds posted a $4.93 million daily inflow on Jan. 9.
- On‑chain data point to accumulation, with holder net position change spiking from roughly 62.4 million to 239.5 million XRP on Jan. 9–10 and exchange netflows turning negative on the day.
- Short‑term technicals are cautious, with gravestone and dragonfly doji signals plus softening RSI/MACD highlighting hesitation around the $2 area.
- Markets are focused on the Jan. 15 Clarity Act proceedings, with resistance levels at $2.18, $2.32 and $2.50, and downside risk toward $1.90–$1.85 if $2.00 gives way.