XRP is showing strong bullish momentum and approaching a critical resistance level at $2.28 after successfully breaking through the psychological level. Currently, XRP is trading around $2.06 with trading volume surging to the highest in the last 180 days, signaling increased institutional and retail interest.

Technical Confirmation of "Buy" Signal

Technical analysis gives a green light for further upward movement. The RSI indicator is in the neutral zone (54.7), indicating that there is still significant room before overbought. The bullish signal is strengthened by the formation of a Golden Cross on January 13 and a bullish crossover on the daily MACD, indicating a shift in momentum to the buyers.

The $2.28 level is key. A strong daily close above this level could pave the way towards a target of $2.42 and even $2.88. Nearby support is in the range of $2.00 - $2.03.

Fundamental Factors Boosting Confidence

1. Inflows of Spot ETFs Reach Billions of Dollars: Since its launch in late 2025, the XRP Spot ETF has attracted cumulative fund flows of $1.4 - $1.6 billion, showing high confidence from institutional investors.

2. European License for Ripple: Ripple obtained initial approval for an EMI License in Luxembourg on January 14, opening doors to a broader European market.

3. Adoption by Large Companies: The Japanese company Alt Plus officially added XRP to its corporate treasury strategy, highlighting its utility for instant value transfer.

4. Accumulation by Large Holders (Whale): The "whale" wallet holding over 1 million XRP accumulated an additional 50 million tokens just in the second week of January, signaling confidence in long-term prospects.

Trading Activity: Whales Buy Aggressively

Data from Binance reveals an interesting pattern: top traders (whales) are showing significant net buying activity. Their buying volume reached $961,248, far exceeding the selling volume of $278,685. Although the overall long/short ratio remains low (0.36), this aggressive buying by large investors often signals the beginning of strong price movements.

Warnings and Opportunities from Binance

While profitable opportunities arise, traders also need to stay vigilant. A daily close below $2.05 could trigger a correction towards the $1.90 - $1.91 support area. On the other hand, Binance is heating up the atmosphere by holding the XRP Spot Trading Competition with a total prize of WLFI token vouchers worth 12,000,000.

Conclusion

XRP is not only moving due to market sentiment but is driven by solid technical confirmations, inflows of institutional funds, and positive fundamental developments. With the current momentum and traders focused on breaking through $2.28, XRP has the potential to test new highs soon. However, as always, risk management remains key.

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