XRP Price Prediction: Descending Triangle Tightens As ETF Inflows Fail To Lift Price

• XRP consolidates at $2.06, trapped between the 20/50 EMA cluster and descending triangle resistance as momentum stalls.
• ETF inflows continue with $1.12 million on January 16, extending the streak to 11 consecutive days of institutional accumulation.
• Derivatives data shows $5.82 million in long liquidations over 24 hours while long/short ratio tilts to 0.92, reflecting cautious positioning.

XRP price today trades near $2.06 as a descending triangle pattern compresses price action into a tightening range. The setup places buyers at a critical decision point, with triangle support at $2.04 holding while overhead resistance continues to fall.

Triangle Pattern Squeezes Price Action

The hourly chart shows a textbook descending triangle forming since January 14. Price has carved a series of lower highs from $2.19 down to …

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