Overview
- XRP trades near $2.05 after seven straight daily declines and an 11–14% weekly drop, putting the multi‑month $2.00 floor under pressure.
- Chart watchers flag $2.03 as key support for a bounce toward $2.24–$2.26, with a decisive break above ~$2.41 needed to negate bearish scenarios.
- A failure below $2 could refocus targets at ~$1.90–$1.77 and $1.65, with some technical calls outlining a worst‑case retest near $1.25.
- Spot XRP ETFs report continued accumulation with combined AUM cited above $2 billion and hundreds of millions of tokens locked, while whale trackers note large wallet transfers and exchange outflows.
- XRPL stablecoin supply has climbed more than 10% in a week with RLUSD around a $1.3 billion market cap, and traders eye the Jan. 15 Senate Banking CLARITY Act markup and this week’s CPI/PPI prints as potential catalysts.