- XRP’s $2 support remains strong, providing a stable base for buyers.
- MACD crossover and RSI improvements signal growing upward momentum.
- Breaching descending resistance could trigger a significant rally.
XRP may be on the verge of a significant price surge as technical charts reveal a repeating pattern that has historically preceded upward moves. With the $2 support level holding steady and resistance showing signs of weakening, traders are closely watching for a breakout that could propel the digital asset to new highs.
XRP’s Strong Support Base
Over the past year, XRP has consistently found a floor at $2, preventing deeper declines and establishing a reliable buying zone. Previous consolidations beneath descending resistance lines have set the stage for sharp upward moves once support held.
In mid-2025, XRP consolidated just below a similar resistance line before surging to a record high of $3.65. The current chart suggests a comparable setup, as the cryptocurrency tests the descending resistance again, creating price compression that often precedes a breakout.
Positive Technical Signals
Momentum indicators support this bullish outlook. The MACD has formed a bullish crossover, signaling renewed buying momentum after a period of decline. Such crossovers are commonly interpreted as a green light for potential rallies once key resistance levels are broken.
Meanwhile, the RSI has begun climbing after touching lows near 30, hinting at increasing buying pressure. When paired with support at $2 and MACD strength, these signals point to a favorable environment for XRP’s next upward move.
Key Levels to Watch
Historical patterns suggest that breaking above the descending resistance could trigger rapid acceleration. Currently trading at $2.04, XRP only needs a slight push to breach the resistance line, potentially repeating the surges seen in previous cycles. Traders should monitor the $2 support closely and watch for momentum indicators confirming the breakout.
Also Read: XRP Price Prediction January 2026: 5 On-Chain Signals Point to a Breakout
XRP’s chart indicates that the combination of a solid support base, favorable momentum indicators, and a repeating historical pattern could set the stage for a substantial rally. If resistance is overcome, the next surge could surpass prior highs, making this a critical moment for investors and traders.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of CoinBrief.io. Before making any investment decisions, you should always conduct your own research. CoinBrief.io is not responsible for any financial losses.
