XRP Holds $2, But Can TradFi Investors Make New All-Time Highs?

XRP (XRP) holds above 2 dollars, but the action has not yet confirmed a dramatic change, according to the analyst, a stronger technical confirmation is expected at a higher level.

Main Receptors:

XRP retook its 50-day moving average in early January, showing signs of a trend reversal.

Institutional flows into XRP were the highest last week, diverging significantly from the market, which showed high flows in the same period.

Onchain's volume metrics suggest that XRP's move above $2 is driven by equity participation rather than speculative gains.

XRP investment product earnings support price stability

XRP started 2026 by reviving its bullish position above the 50-day simple moving average (SMA) at the end of the first week of January. The move is consistent with a test of a downtrend, known as a structure that leads to higher prices if buyers continue to take control. However, price action so far suggests stability rather than acceleration.

This stability seems to be reinforced by the participation of institutional investors. As the digital asset market experienced one of its worst weekly performances since mid-2023, when it lost nearly $454 million, XRP's price moved in the opposite direction.

Data from CoinShares showed weekly inflows into XRP of $45 million, a weekly increase of over 400%, in contrast to broader market flows.

This contrast helped XRP hold above $2 as liquidity conditions strengthened elsewhere, highlighting that its recent strength was not driven solely by sentiment.

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Volume and trader view define the range.

CryptoQuant data adds more diversity. Trading volume Z-Scores on Binance hover around 0.44, placing activity slightly above the 30-day moving average in neutral territory.

This shows that the price of XRP is not driven by speculative pressure, but by a balanced movement between buyers and sellers, which is reflected in the accumulation levels.

Meanwhile, market analyst Credible Crypto said that a “triple tap” completed at the highs leaves two options: either a return to $1.77 in a major advance or continuing to buy defensive dips near $2. Given the current market, the analyst favors an upside move, targeting a high near $3.

However, with futures trading around $2.10 for months, a move to the mid-$2.40s could only be a meaningful market change on the daily chart. The analyst said that strong price action could begin after the altcoin confirms acceptance above the $2.40 level.

Coincidentally, last week XRP's rally stopped below $2.40, and the price was rejected on January 6. The return follows net whale sales of more than $100 million from Jan. 4 to Jan. 7.

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