XRP Holds Near $2.07 as Chartists Flag Breakout Levels and Volume Test

Overview

• XRP trades around $2.07–$2.08 with volatility compressed and intraday volume running well below average, according to market data and analyst reviews.
• Analysts point to $2.09 as the first signpost for momentum, with further resistance near $2.18–$2.30; projections on a confirmed break cite targets around $2.38 and a potential Wave‑3 move toward $2.73.
• Technical setups highlighted across timeframes include a daily falling wedge, an eight‑hour inverse head‑and‑shoulders, and a one‑hour descending triangle implying a possible 16% swing on breakout.
• Newly launched U.S. spot XRP ETFs have recorded daily inflows since Nov. 14, with reports citing more than $897 million in cumulative inflows and about $861 million in assets.
• Recent procedural rulings curbing the SEC’s secondary‑market claims on XRP underpin improved sentiment, while traders also watch the Dec. 9–10 Fed meeting as a possible market catalyst.