XRP Price Prediction: Buyers Reclaim $2 As ETF Inflows And Supply Tighten The Tape

• XRP has broken its multi-week downtrend and reclaimed $2, flipping short-term control back to buyers.
• ETF inflows and falling exchange balances are tightening available supply, supporting the move higher.
• The rally needs confirmation above $2.35, while a slip back below $2.00 risks invalidating the breakout.

XRP price today trades near $2.07 as the market moves into Jan 5 with momentum turning constructive after a multi-week downtrend. Buyers pushed XRP back above the $2 handle on January 3, breaking a sequence of lower highs and shifting short-term control away from sellers.

Downtrend Break Shifts Short-Term Control

On the daily chart, XRP has finally broken above the descending trendline that capped rallies through November and December. That trendline rejection had defined the corrective phase from the October…

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