XRP is trading near $1.87, caught in a descending channel with resistance at $2.08 and support at $1.85. The upcoming release of 1 billion XRP from escrow on January 1 poses a potential supply risk, which could impact the token's price dynamics. This event coincides with mixed signals from Bitcoin price prediction models, adding uncertainty to the market's direction. Traders are closely watching these developments as XRP navigates a critical juncture between its current downtrend and the impending increase in supply.