- XRP rebounded from channel support near $2 and now moves toward the midpoint around $2.60.
- ETF inflows boosted liquidity, with $85.7M in first-day volume led by Bitwise’s strong start.
- XRP stays in a support zone at $1.75–$2.16, and a break above $2.69–$2.84 is needed for upside.
XRP moved higher after touching the lower boundary of its broad trading channel. The market formed a clear reaction near the two-dollar area and then turned upward. The price could now move toward the midpoint near $2.60 as traders watch channel structure and intraday activity.
XRP Moves Higher After Testing Channel Support
XRP traded near $2.20 during the latest session while keeping a narrow intraday range between $2.15 and $2.23. The chart for 2025 shows repeated swings as the market held a broad channel for many months. The price reached the lower boundary near $2 after weeks of steady declines through October and November. It then bounced off this level and formed a clean move toward the center of the channel.
According to an observation by Ali Charts, the midpoint near $2.60 has acted as a reaction area in past moves. The structure now shows resistance near this level and support near $2.00, and the current pattern stays within these boundaries.
CoinGecko data shows more than $4.26 billion in 24-hour trading volume and a market cap above $132 billion. Trading remained active as the price held near the upper part of the intraday range. The chart shows repeated short swings that kept the market inside a narrow band. The movement stayed steady while liquidity remained strong.
ETF Activity and Broader Structural Signals
New XRP exchange-traded funds recorded $85.7 million in opening-day trading volume. Bitwise led with $36.6 million, while Franklin Templeton reported $23.6 million. Canary posted $18.7 million, and Grayscale recorded $6.7 million.
Trading increased during U.S. hours, and this activity added liquidity across the market. According to More Crypto Online, XRP trades inside a support zone between $1.75 and $2.16. The analyst noted that the October low may mark a larger fourth-wave level.
The next step would be a breakout above the $2.69 to $2.84 area so the market can confirm the next upside sequence. The chart shows XRP holding its upward move from the lower boundary, and the market now approaches the midpoint near $2.60.
