XRP fell 1.05% in the last 24 hours, with the price falling from $2.15 as profit-taking moves and technical resistance affected the asset. Despite this, XRP’s Bollinger Bands setup suggests that price volatility might be over for the fourth-ranked cryptocurrency.
XRP Price Holds at $2.11 as Trading Volume Drops Over 20%
CoinMarketCap Data shows that while the upper Bollinger band is set at $2.33, the lower band is between $1.75 and $2.04. Despite XRP’s price volatility, the coin’s price remains above the mid-Bollinger Band level of $2.11.
This middle band could prove to be a crucial support to push the price of XRP to higher levels in the coming days.
At press time, XRP is trading at $2.11, representing a drop of 0.79% in the last 24 hours. The coin lost a few cents and fell from its intraday high of $2.17 as it battled resistance.
XRP trading volume is also adding pressure on the coin as it fell 20.57% to $3.73 billion in the same time period.
The XRP Relative Strength Index (RSI) is currently at 57.59, indicating neutral momentum.
Taking this into account, it indicates that the immediate price drop in the XRP ecosystem is a temporary development. An increase in volume from the red to the green zone could be the breakout catalyst XRP needs to break above its resistance level.
Market participants should keep an eye on broader community developments such as ETF inflows. An increase in XRP ETF inflows could provide a catalyst for price growth and renew investor confidence.
Can XRP ETF Inflows Boost Market Confidence?
As U.Today reported, within the week, XRP recorded a 428% increase in institutional inflows. A total of $45.8 million flowed in even as the rest of the market struggled with refunds.
Meanwhile, to maintain the bullish momentum, XRP needs to rediscover the momentum it witnessed in the first four days of 2026. In particular, the incredible growth registered on the blockchain supported its attempt to regain fourth place, displacing BNB from that position.
With its market capitalization in the $128 billion zone, XRP could be poised to test higher levels if the current Bollinger signal is anything to go by. The coming days will reveal the direction of the XRP market and signal whether the downward movement has passed.