$XRP is hovering around $2.20, navigating a volatile market with mixed sentiment.
Technical picture: Recently, a double-bottom formation appears around ~$1.77 (first bottom in October, second in late November) — a classic sign that bulls may be making a stand.
Near-term resistance levels: XRP needs a clear breakout above $2.46–$2.46 and then $2.60–$2.61 to signal bullish momentum.
If bullish scenario fails: A drop below $2.00–$1.77 could retest lower support zones, especially if macro risks or market-wide crypto weakness drag down sentiment.
Fundamental tailwinds: Institutional flows remain active — recent ETF inflows and lower exchange reserves suggest accumulation by longer-term holders, which could support a rebound if broader conditions improve.
🔮 What to Watch For
Breakout confirmation: Watch for a daily close above $2.60 — that could open a path toward $2.70–$2.85 or higher in short-to-medium term.
Support integrity: If support near $1.77–$2.00 fails, XRP could slip lower toward $1.80–$1.90.
Market context & macro risks: Broader crypto market sentiment, Bitcoin/ETH moves, and macroeconomic factors will heavily influence XRP’s trajectory — not just its own charts or flows.
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