Jan 16, 2026
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XRP Price Drops Below $2.10, Faces Further Decline Potential
XRP Price Movement
- XRP price declined below $2.120 and is now trading under $2.10, which is also beneath the 100-hourly Simple Moving Average.
- A bearish trend line with resistance at $2.0850 has formed, potentially impacting the XRP/USD pair.
- The price experienced a low at $2.052 and is currently consolidating losses.
- Attempts to rise above the $2.080 level have been resisted, aligning with significant Fib retracement levels.
Resistance and Support Levels
- Immediate resistance is at $2.0850, followed by a major resistance at $2.120.
- A close above $2.120 could push the price towards $2.20 or possibly $2.250.
- If the price falls again, initial support is at $2.050, with further support at $2.020.
- A break below $2.020 may lead to a decline towards $1.950 and $1.920.
Technical Indicators
- Hourly MACD indicates increasing bearish momentum.
- Hourly RSI is below 50, signaling bearish conditions.
