Should You Buy XRP Right Now? What the Charts Are Actually Telling You

XRP is trading at $2.09 with a 4.55% 24-hour gain, but here’s the uncomfortable truth: positive ETF flows and price momentum don’t always travel together. Even as spot XRP ETFs continue their winning streak, the token’s technical structure is sending a completely different message — and that’s the conversation every trader needs to have before deploying capital.

The ETF Narrative vs. What Price Action Is Screaming

Spot XRP ETFs have now closed positive for 18 consecutive days. That’s real, that’s documented, and it should matter. Except it doesn’t — not yet, anyway. This is the fundamental disconnect that Efloud and other technically-minded analysts keep hammering home: fund flows can paint a rosier picture than what’s actually happening on the chart.

The question isn’t whether ETF inflows are supportive. It’s whether they’re supportive enough to overcome the existing weakness in price structure. Right now, the answer appears to be no. XRP has lost the Daily Imb zone, a previously reliable technical anchor. Without that level providing a floor, the broader setup has deteriorated. In thin New Year trading conditions — where volume is low and conviction is scattered — bullish narratives often fail to materialize into sustained rallies.

The lesson here is sharper than it sounds: don’t confuse good news with good timing.

Where Are Traders Actually Watching?

If you’re asking whether XRP is a good buy, the next question has to be: at what price, and from what technical setup? Because the market is extremely clear about where it expects friction.

$1.98 sits as the first major resistance zone that sellers are likely to defend aggressively. This isn’t arbitrary — it’s where the recent swing structure suggests meaningful supply could emerge. If XRP bounces from current weakness, this level acts as a ceiling, not a launch pad.

Beyond that, there’s another resistance pocket nested inside the red boxed technical zone. This creates a stacked resistance scenario: not one cap, but multiple caps in close proximity. The YO region also plays a critical role in the narrative. Until price reclaims that area, the technical picture remains stubbornly bearish.

On the downside, if selling pressure intensifies and market conditions continue deteriorating, $1.53 represents a deeper accumulation zone — but here’s the qualifier: it’s hypothetical, not guaranteed. Whether price ever trades there depends on whether broader crypto markets cooperate or whether liquidity actually shows up at that level when tested.

The Trap That Catches Most Traders

This is where psychology meets technicals: many traders see XRP’s weakness and think “support buying” is the smart move. They see a level like $1.53 or even $1.98 and assume that’s where the reversal happens. But in choppy, directionless markets, support often becomes a false floor — a level where weak hands capitulate, not where smart accumulation begins.

Efloud’s core warning is simple but gets overlooked constantly: buying at support without seeing a clear breakout structure or reversal candle pattern adds risk you don’t need to take. The market rewards patience, not hope. If XRP’s chart structure hasn’t flipped bullish in an undeniable way, any buying is better framed as “position-building” rather than “calling the bottom.”

There’s a massive difference between those two things. One accepts ongoing downside. The other bets against it.

Is XRP a Good Buy? The Answer Depends on Your Timeframe

If you’re asking from a medium-term swing trading perspective, the answer is: not until structure confirms. Wait for lower timeframe breakout setups. Wait for the YO zone to reclaim. Wait for $1.98 to get cleared and close above it with conviction. That’s boring, but boring protects capital.

If you’re asking from a long-term DCA (dollar-cost average) perspective, the weakness might actually be the better entry point — but even then, size your positions like you expect another 20-30% downside before any real reversal. That’s not pessimism; that’s risk management in a market showing no clear directional bias.

The ETF tailwinds are real, but they’re not a substitute for price structure. Until that structure flips, the macro setup remains skeptical. That’s what the chart is telling you. Whether you listen is entirely up to you.