XRP dips 2% as price tests $2.0530 support on January 16

On January 16, XRP traded around $2.0462 after a 2% decline day over day. Intraday support is near $2.0530; a break below could prompt a move toward $2.03–$2.04, while a daily close under $2.0450 risks continuation toward the $2 area. Seller momentum was stronger late in the week, according to CoinStats.