As of January 12,, XRP's trading price fluctuated between $2.03 and $2.10. Most traders are holding a wait-and-see attitude, awaiting the vote on the "Digital Asset Market Structure and Transparency Act" (DAMA) in the United States on January 15. The key support level is at $2.00. In a bullish scenario, potential resistance levels are at $2.18, $2.32, and $2.50. If the $2.00 support fails to hold, the price may drop to $1.90 or $1.80. Regulatory news is expected to be the main driver of price movements.
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As of January 12,, XRP's trading price fluctuated between $2.03 and $2.10. Most traders are holding a wait-and-see attitude, awaiting the vote on the "Digital Asset Market Structure and Transparency Act" (DAMA) in the United States on January 15. The key support level is at $2.00. In a bullish scenario, potential resistance levels are at $2.18, $2.32, and $2.50. If the $2.00 support fails to hold, the price may drop to $1.90 or $1.80. Regulatory news is expected to be the main driver of price movements.