Ripple XRP Price Fluctuates, Key Support at $2.27
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 07 2026- Price Fluctuation: Ripple (XRP) is currently trading at $2.28, reflecting a 3% decline over the past 24 hours, yet it remains up over 20% for the week, indicating market volatility and investor interest.
- Key Support Level: The $2.27 level serves as a new critical support point aligning with the 0.236 Fibonacci retracement, with analysts highlighting its significance; a breakout could push prices towards targets between $2.49 and $2.66.
- Market Momentum Slowing: The RSI has dropped to 64, indicating a reduction from earlier overbought levels, which may suggest a slowdown in price momentum in the short term, necessitating close attention to weekly closing conditions.
- Rising Institutional Demand: On-chain data shows increased activity from larger holders and rising liquidity, while spot-based Ripple ETFs have seen steady inflows for nearly two months, indicating that institutional demand may continue to support prices above $2.00.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
