$XRP Holding Steady Around $2 Despite Recent Pullback
$XRP has been moving sideways lately sitting just above that $2 mark after dipping from higher levels earlier this month. It seems like the price is testing support here without much conviction either way which could point to some indecision in the market. Volumes aren’t screaming high but they’re steady enough suggesting folks are watching rather than rushing in or out.
Sentiment feels a bit cautious overall with the broader crypto space dealing with year-end jitters and that extreme fear reading on the index. Whales appear active though accumulating chunks while some inflows hit exchanges maybe signaling a bit of distribution or just routine moves. It’s interesting how this ties into the news of wrapped XRP landing on chains like Solana and Ethereum boosting its DeFi play and cross-chain utility that might draw more institutional eyes if it gains traction.
On the fundamentals side Ripple’s push for better ecosystem integration could help in the long run especially with ongoing talks around ETFs and regulatory clarity. But right now it’s all about how $BTC behaves and overall liquidity conditions which seem tight heading into the new year.
Worth watching if it stabilizes here as that could matter depending on upcoming catalysts.
