As technical indicators turn positive and exchange supply tightens, XRP is expected to approach $2. On-chain data shows that the exchange XRP balance has dropped significantly from approximately 3.76 billion coins in October to about 1.6 billion coins, leading to the lowest available supply in seven years. Analyst Ali Martinez pointed out that the TD Sequential indicator has issued a macro buy signal, while Degen Hardy stated that the asset "has been washed out by the market but has not collapsed." Meanwhile, the spot XRP ETF recorded a net inflow of $5.58 million on December 31, contrasting sharply with the outflows from Bitcoin and Ethereum ETFs.
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As technical indicators turn positive and exchange supply tightens, XRP is expected to approach $2. On-chain data shows that the exchange XRP balance has dropped significantly from approximately 3.76 billion coins in October to about 1.6 billion coins, leading to the lowest available supply in seven years. Analyst Ali Martinez pointed out that the TD Sequential indicator has issued a macro buy signal, while Degen Hardy stated that the asset "has been washed out by the market but has not collapsed." Meanwhile, the spot XRP ETF recorded a net inflow of $5.58 million on December 31, contrasting sharply with the outflows from Bitcoin and Ethereum ETFs.