XRP Defies Bearish Breakdown Predictions as $1.77 Support Holds and Exchange Flow Reversal Sparks 30% Rally
Yahoo Finance·2026-01-07 13:55

Yet when XRP hit $1.77 on December 30, the selling stopped as buyers showed up with conviction. This was the critical reason the breakdown failed—the XRP price bounced, consolidated, and then held, reversing its course rather than dropping further.The next logical target was $1.77-$1.80. If that failed, the path to $1.50 would open quickly. Exchange data reinforced the bearish case—daily deposits ranged between 35 million and 116 million XRP from mid to late December, peaking as price stalled near $1.88-$2. ...