XRP traded back above $2 in early January as institutional inflows bolstered price on exchanges, visible on TradingView. Data showed $45 million in weekly inflows while the broader market saw about $454 million in outflows, according to CoinShares data.
XRP reclaimed its 50-day simple moving average, forming a classic downtrend retest. That structure suggests higher prices if buyers maintain control.
CryptoQuant analytics record over $100 million in net whale selling between Jan. 4 and Jan. 7. Volume Z-scores on Binance hovered near 0.44, indicating balanced trading activity rather than speculative excess.
Analyst CrediBULL described a completed “triple tap” at range highs. They outlined paths toward a pullback to $1.77 or a push toward $3 if $2 holds.
Futures trader Dom said acceptance above $2.40 on the daily chart would mark a meaningful market shift. (Ed. note: the inflows contrasted with roughly $454 million in broader market outflows.)
