XRP fell below $2.10 on Jan. 8 as ETF outflows of roughly $41 million weighed on the token, erasing the year’s early gains. The move signals renewed bearish momentum after XRP’s $2.41 peak and underscores the importance of the psychological $2.00 support level. The downside move suggests renewed bearish momentum for XRP in the near term.
Traders will be watching whether the $2.00 level proves to be a durable floor or if selling pressure resumes toward key support and lower targets. With liquidity-linked flows continuing to influence crypto prices, a sustained break of $2.00 could invite additional weakness, while any reversal above $2.10 would suggest a shift back to bullish or range-bound trade.
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