XRP stays pinned near $2.05 as the range tightens into a make-or-break zone

2026-01-12 16:46:20

Source: CryptoNewsNet Original Title: XRP stays pinned near $2.05 as the range tightens into a make-or-break zone Original Link: XRP eased to $2.05 as traders kept selling into rallies near $2.08 while bids continued to show up around $2.04, extending a tightening range that looks close to a resolution point.

News background

XRP’s latest move came as majors stayed choppy and traders largely kept risk contained rather than chasing directional breakouts.
That backdrop has left XRP trading more like a “levels” market than a momentum market, with price repeatedly rotating between well-defined support and supply.

Technical analysis

XRP slipped about 0.7% to $2.0475 over the last 24 hours, with price action repeatedly leaning on the $2.04 support area while upside attempts stalled near $2.08. A notable volume burst around 00:00 saw roughly 110.6 million tokens trade (about 87% above the 24-hour average), but the spike coincided with rejection rather than continuation — suggesting liquidity was met by offers overhead.

Structurally, the tape still reads as compression: sellers have defended rallies, but the market has also avoided a clean breakdown below $2.04. That “lower highs into flat support” profile typically forces a decision once the range gets tight enough, especially if volume begins to expand on the next attempt.

XRP-0,14%

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