XRP Price Finds Its Footing at Support, Bulls Test Their Strength

XRP is trading near $2.10 on January 13, 2026, after consolidating following a sharp rejection from a descending trendline that has defined the corrective phase since August according to analysis. The price remains below key moving averages and critical resistance levels, suggesting continued bearish control in the daily chart. However, short-term indicators show signs of stabilization on the two-hour timeframe as observed.

ETF flows have become more selective in the past week. A $40.8 million outflow on January 7 marked the first reversal after 54 days of consistent inflows according to data. This was followed by a smaller $8.72 million inflow on January 8, indicating that buyers are still active but more cautious as reported. The ETF inflow-to-outflow flip is the first real test of institutional appetite according to analysis.

The price structure remains in a defined consolidation phase, with support near $2.00 and resistance forming around $2.22. A close above $2.22 would invalidate the descending trendline and open the door for a move toward $2.75 according to technical analysis.

Why Did This Happen?

XRP has been confined below a descending trendline and stacked exponential moving averages since late 2024. Every rally into that trendline has failed, including the most recent attempt near $2.35 to $2.40 according to analysis. The 200-day EMA currently sits at $2.34, and the 20-day EMA at $2.04 provides minimal short-term support as technical indicators show.

The Parabolic SAR remains positioned above price, reinforcing that the prevailing trend still favors sellers according to technical analysis. XRP has been unable to break above the 50, 100, and 200-day EMAs, which collectively act as a barrier to a more bullish move according to technical indicators.

How Did Markets Respond?

On the two-hour chart, XRP is consolidating near the mid-Bollinger Band around $2.13, with compressed volatility signaling a pause in the market according to analysis. The RSI has hovered near 40, reflecting weak momentum and a lack of aggressive dip buying as technical data shows.

ETF flows have shown a choppy pattern after the January 7 outflow. While this signaled profit-taking after an extended inflow run, the January 8 inflow showed that buyers are still active according to data. This shift suggests institutional positioning has become more measured as technical analysis indicates.

The XRP ETF market has continued to attract steady inflows, but on a smaller scale compared to Bitcoin. US-listed XRP ETFs now hold $1.5 billion in assets, with Canary Capital and Bitwise among the top performers according to market data.

What Are Analysts Watching Next?

Analysts are closely monitoring the $2.00 level as a critical support zone. A break below this would confirm continuation of the broader corrective trend, potentially exposing $1.78 according to technical analysis. Conversely, a sustained move above $2.40 would shift momentum and open the door to $2.75 as technical indicators show.

Technical indicators on the daily chart are mixed. While the RSI has stabilized above the midline, the MACD is poised to signal a sell if the blue line crosses below the red signal line according to market analysis. This could influence short-term investor sentiment and trading decisions.

Regulatory developments also remain a factor. The delay in a potential Market Structure Bill markup has kept XRP sensitive to US crypto legislation according to market analysis. Although court rulings clarified XRP's non-security status in the SEC vs. Ripple case, new regulatory uncertainty could impact investor behavior.

WisdomTree's decision to withdraw its XRP ETF application has also raised questions. This move followed similar actions by CoinShares and others, suggesting a shift in strategic positioning ahead of potential large entrants like BlackRock according to market reports.

Investors are watching for a clear breakout or breakdown in XRP's near-term price action. A close above $2.22 would invalidate the current bearish structure, while a close below $2.00 would confirm ongoing downward momentum according to technical analysis. The next few sessions will be key in determining the direction of the asset.