Overview
- XRP trades near $2.06, down roughly 13–14% from the Jan. 6 peak, after seven consecutive daily declines.
- Price is parked on a multi-month $2 support; a decisive loss of this level risks a move toward December’s ~$1.77 low, with some analysts citing $1.61 to $1.25 as deeper targets.
- Bearish momentum shows in a break below the 50-day EMA around $2.02–$2.07 and repeated failures at the 200-day EMA in the mid-$2s.
- Spot XRP ETFs have amassed about $1.23 billion in net inflows since launch, while XRPL stablecoin supply rose more than 10% as RLUSD surpassed $1.3 billion.
- Key levels in focus include $2.03 as near-term support and $2.41 as the breakout threshold, with interim resistance flagged around $2.2–$2.26.