Overview
- XRP slipped below $2.10 to a $2.052 intraday low before consolidating, with $2.020 and $1.950 flagged as next supports if selling resumes.
- Price is holding near the 50‑day moving average around $2.05, signaling buyers are defending the short‑term trend.
- Whale deposits to Binance are at their lowest since 2021, a drop that on‑chain analysts say reduces near‑term sell pressure.
- Market activity has cooled, with spot volume down about 33%, futures volume down 31%, and open interest slightly lower, indicating position trimming.
- Analysts say a break and hold above roughly $2.30 is needed to confirm upside, with long‑term Fibonacci targets framed as conditional scenarios rather than forecasts.