Ripple’s XRP Eyes Strategic Milestones with Market Movements

Ripple’s XRP coin has captured investor attention with its recent movement around a key support zone near $2.12 in early January. With renewed momentum, it now stands as the third-largest non-stable cryptocurrency by market value. This development, paired with heightened trading activity, has sparked conversations about lasting shifts in the market, hinting that XRP might be embarking on more than a temporary price adjustment.

Technical Signals for XRP

EGRAG CRYPTO, a respected name in the crypto community, offers insight into XRP’s path, stating that the altcoin is navigating a well-defined downward channel on its five-day chart. Contrary to a typical distribution phase, the analyst views the trend as a “controlled correction.” A critical point emerges if the XRP price closes above the 21-day EMA and exceeds the channel’s top boundary at $2.30, foreseeing a 60% likelihood of a breakout to the upside.

Targeting levels between $3.10 and $3.30 becomes the focus if these conditions hold. EGRAG CRYPTO emphasizes the limitations on price movement within the established channel, with only a 30% likelihood of stagnation and a slim 10% chance of a sharp decline to $1.

Is Market Interest Backed by Solid Data?

Increased trading volume underscores market interest, with XRP commentator John Squire highlighting that the altcoin saw a trading volume of roughly $23 million over a brief one-minute window, suggesting robust market engagement.

Recent hot investment spots include spot XRP ETFs, which, since their November 2025 inception, have drawn around $1.2 billion, equating to about 1% of the XRP circulating supply. On-chain metrics from Binance indicate an apex in XRP’s Taker Buy/Sell Ratio this month, pointing to easing selling pressures.

Currently, XRP remains slightly over $2.10, marking a 12% rise over the past week. On January 3, it overtook BNB in market capitalization. Short-term price resistance is seen in the $2.17 to $2.25 range, which might impede swift gains. Yet, projections for 2026 span from optimistic scenarios foreseeing a rise to $10, driven by Ripple’s growth and adoption, to conservative outlooks focused on profit-taking.

Concrete takeaways include:

• XRP’s potential upward movement depends on technical thresholds, notably the 21-day EMA.
• XRP ETFs and on-chain data indicate positive investor sentiment.

“The market dynamics and investor interest, reflected in volumetric data, are indicative of a transformative period for XRP,” says John Squire, an XRP commentator.