NewsBTC
Jan 7, 2026
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XRP Surges to Test Critical $2.41 Resistance Level

XRP is showing strong momentum, having surpassed recent resistance levels. However, it faces a critical challenge at the $2.41 cost-basis zone, where many tokens were previously accumulated.

XRP's Key Resistance at $2.41

  • The $2.41 level is a significant cost-basis wall with several technical and on-chain signals aligning.
  • This area may dictate if XRP can extend its current rally or face selling pressure leading to a pause or pullback.

XRP

On-chain data shows approximately 1.56 billion XRP was accumulated between $2.39 and $2.41, potentially reinforcing this zone as resistance due to holders looking to exit positions.

Wave 3 Breakout with Strong Momentum

  • XRP’s Wave 3 has broken past the 2.618 Fibonacci extension and macro resistance at $2.30.
  • Strong RSI readings indicate robust advance potential, with $2.49 identified as the next upside target.
  • A short-term pullback could occur, allowing RSI to cool off for healthier conditions moving forward.
  • XRP’s broader bullish structure remains intact above the macro 0.236 Fibonacci level.

XRP