2026-01-13 08:26:03

XRP's current trading situation is quite promising. The price is hovering around $2.05, with a 24-hour range of only about 4.8%, reaching a high of $2.10 and a low of $2.00. Market capitalization remains solid in the top five, at approximately $124 billion, but trading volume has declined—only $3.8 billion in 24-hour volume, indicating a clear drop in market activity.

The correlation with BTC is as high as 0.75, meaning that when the overall market moves, XRP tends to follow. When the market is strong, XRP performs well; when the market weakens, XRP tends to suffer. On-chain data shows frequent trading activity from large wallet holders, with short-term selling pressure and buying interest engaged in intense competition.

From a technical perspective, the daily chart has pulled back from high levels into a consolidation phase. The 4-hour chart clearly leans bearish, while the daily chart remains neutral to weak. Support levels are around the $1.96-$2.00 EMA cluster and psychological barrier, further down at the previous low of $1.85, with the last line of defense at the triple bottom of $1.77. On the resistance side, the EMA cluster between $2.15-$2.20 presents significant pressure, and above that, the strong sell zone at $2.40.

The RSI indicator is oscillating in the neutral zone of 40-50, showing a lack of momentum; the MACD has already formed a bearish pattern, indicating a short-term bearish bias.

XRP14,22%

BTC9,35%

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CryptoSourGrape

· 01-16 08:21

If only I had gone all in earlier... Now watching this terrible volatility is just frustrating.

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LiquiditySurfer

· 01-16 06:06

The signal of declining trading volume doesn't seem right. Big players are fighting, but retail investors have all left. XRP is being led around by BTC, and it has no backbone. If the 1.77 support line breaks, then we really need to be careful. Still in consolidation; let's wait and see if it can break through 2.20. MACD is in a bearish arrangement; in the short term, it still needs to take more hits. No rush to get on board.

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StableGenius

· 01-15 13:35

tbh the volume collapse here is the real tell—38B in 24h for a top-5 asset? that's giving "nobody cares" energy. sure xrp's stuck at 2.05 but empirically speaking, that 0.75 correlation with btc means you're basically just holding a leveraged btc position with extra steps.

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DecentralizeMe

· 01-13 08:51

Trading volume is plunging, which is not a good sign... Big players are fighting each other, how can retail investors play Will the 1.77 triple bottom really break? It feels like it could give you a hit at any time BTC's puppet, when it rises, it's not our concern; when it falls, we get hit first. So annoying RSI bearish pattern has already appeared, there really isn't much chance in the short term Still hovering around 2.05? Either break through 2.2 or drop to 1.85. Being stuck in the middle is the most torturous Frequent trading by big players indicates someone is positioning, but who can say what their true intention is Are the top five coins by market cap all so lackluster? Or is XRP just this miserable? A $124 billion market cap with no trading volume—that's the biggest problem, guys A 4.8% fluctuation and everyone is asleep. When will it get interesting? The technicals are so weak, better wait and see. Don't force it.

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GateUser-2fce706c

· 01-13 08:44

I've always said that this kind of pullback is the best opportunity for deployment. When others are fearful, I am greedy. Those who are still struggling with technical analysis haven't grasped the overall trend. It's not too late to enter now. The key is to understand the development logic of XRP. Three reminders: first, look at the long-term trend; second, seize the first-mover advantage; third, time waits for no one. Is trading volume declining? That's the main force shaking out weak hands. Opportunity only knocks once. Those who deploy early in this wave will be able to reach the high ground. I saw this opportunity two years ago. The decline in market heat precisely indicates that chips are consolidating. Large investors are trading frequently—aren't they building positions? Haven't you understood this wealth code yet? A high correlation with Bitcoin isn't a bad thing. The overall trend is upward. As long as BTC rebounds, XRP will be the best asset to follow the rise. The high ground is already very clear. Oh my, another drop? Actually, this is a test of mental resilience. People with a big picture are now aggressively bottom-fishing. I’ve said before, this is the last chance to get on board.

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SeeYouInFourYears

· 01-13 08:32

The trading volume is only 3.8 billion, is this hype really falling flat? Wait, are the big players fighting each other? Then let's just watch the show as retail investors. Can the 1.77 defense line hold? If it breaks, I'll go all in. BTC correlation of 0.75 basically means it's just a follower, with no autonomy. The price is dragging here; instead of looking at the chart, it's better to wait for a breakout. RSI is in the neutral zone, indicating it's not the time to act yet. The bearish pattern is so obvious, there are still risks in the short term. Frequent trading by big players... Are they accumulating or distributing? Who can tell me?

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ImpermanentPhilosopher

· 01-13 08:30

A decline in trading volume is the real danger signal; if the price rises again and there's no one to take the buy, it's all pointless. With such a high correlation between XRP and BTC, it's basically a smaller version; independence is out of the question. If the $1.77 support level is broken, things could get pretty unpredictable. This wave of consolidation feels like the big players are testing the bottom; let's wait and see. The hype has cooled down, but the price is still hovering around; it just feels a bit off.

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