XRP holds $2.08 as ETF inflows fall 84% while holders accumulate

Beincrypto reports XRP is holding above $2.08 while spot ETF inflows fell to $38.07 million in the week ending January 9 — the weakest since launch and down nearly 84% from a late‑November peak near $244 million.

Technically, XRP remains inside a bullish inverse head-and-shoulders and is trading just below a major supply cluster at $2.14–$2.15, where about 1.88 billion XRP were accumulated. ETF demand cooled most sharply between January 6 and January 9, coinciding with the steepest part of the recent pullback, even as holder net positions rose from roughly 62.4 million to 239.5 million XRP between January 9 and January 10 — an almost 300% increase indicating strong accumulation. The next dense supply band sits between $2.48 and $2.50, containing around 1.62 billion XRP and aligning with the pattern’s neckline.

A daily close above $2.15 ($2.146) would break the nearest supply zone; clearing $2.28 opens a path toward $2.42 and then the $2.50 neckline, where a clean break and close would confirm the inverse head-and-shoulders and activate a projected 34% upside from current levels. On the downside, $2.06 is cited as critical support. Whether XRP breaks higher now depends on fresh demand pushing through $2.15 and $2.50 before long-term holder conviction fades, and ETF demand could resume when the window reopens tomorrow.

Key Topics

Crypto, Xrp, Spot Etf, Etf Inflows, Long-term Holders, Glassnode