Overview
- Crypto.news reports a rejection at the 0.618 Fibonacci in confluence with the Point of Control, with price now accepted back below that key volume node.
- NewsBTC highlights support near the 0.236 Fibonacci around $2.27 and warns that failure to reclaim $2.30–$2.33 raises the odds of a move toward the 0.382 retracement near $2.18.
- Volume analysis shows muted buying into resistance and heavier selling on the pullback, suggesting short‑term downside probing until firm support is established.
- Brave New Coin notes XRP trading near $2.11–$2.15 on Jan. 8 and cites a TD Sequential buy signal on lower timeframes as traders watch $2.18 for a potential higher low.
- If acceptance develops below the value area low, crypto.news flags $1.79 as the next major downside target, while bullish scenarios discussed by analysts outline upside toward roughly $2.49–$2.66 once a low is confirmed.