NewsBTC
Jan 6, 2026
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XRP Price Surges Above $2.20, Targets Further Gains

XRP experienced a significant price increase above $2.20, currently consolidating gains with potential further rise above $2.40.

  • Price trades above $2.350 and 100-hourly SMA.
  • A bullish trend line supports at $2.1650 on the hourly XRP/USD chart (Kraken data).
  • If sustained above $2.40, the price could face resistance at $2.420, then potentially reach $2.450 or $2.50.
  • Further gains might target $2.550, with a major hurdle at $2.650.

XRP Price

Potential Downside:

  • If XRP fails to surpass $2.420 resistance, it may decline.
  • Initial support is at $2.350, followed by $2.260, aligning with the 50% Fib retracement level from $2.11 to $2.416.
  • A break below $2.260 could push the price towards $2.20, with further support at $2.1650, possibly dropping to $2.020.

Technical Indicators:

  • Hourly MACD: Gaining pace in the bullish zone.
  • Hourly RSI: Above 50 level for XRP/USD.
  • Support Levels: $2.350, $2.260.
  • Resistance Levels: $2.420, $2.450.