The post Bulls Defend $2.06 Support as 1H Charts Reset appeared on BitcoinEthereumNews.com. The XRP market is currently showing signs of intense accumulation. FollowingThe post Bulls Defend $2.06 Support as 1H Charts Reset appeared on BitcoinEthereumNews.com. The XRP market is currently showing signs of intense accumulation. Following

Bulls Defend $2.06 Support as 1H Charts Reset

The XRP market is currently showing signs of intense accumulation. Following a broader market rally, the native Ripple token is navigating a crucial consolidation phase that could define its trajectory for the rest of Q1 2026. Current price action on the intraday timeframes reveals a clear battle between buyers and sellers, with bulls successfully maintaining higher lows.

XRP Technical Analysis: Is XRP Crashing?

Market data indicates that $XRP has established a very strong “bullish floor” at a critical psychological level. This resilience is a primary indicator of institutional interest.

XRP/USD 1H – TradingView

XRP/USD 15m – TradingView

XRP Analysis:

  • Crucial Support at $2.06: This level has become the “line in the sand” for the current trend. Multiple retests of this zone have been met with aggressive buying volume, creating long lower wicks that suggest whales are stepping in to prevent a deeper correction.
  • Micro-Trend Consolidation: On the lower timeframes, XRP is moving within a tight range around $2.09. This sideways price action is typical of a market “catching its breath” before a high-volatility breakout.
  • The Stochastic RSI “Reset”: A key signal for traders is the Stochastic RSI on the 1-hour chart, which has retreated into the oversold zone. Historically, when the price holds a support level while the RSI resets, it sets the stage for a powerful impulsive rally.

Resistance Levels: The Path to $2.50

For XRP to confirm a new leg of the 2026 supercycle, it needs to clear several technical hurdles that currently act as ceilings:

  1. Immediate Resistance ($2.12): A sustained break above the recent local highs will signal that the current minor correction has concluded.
  2. Major Pivot Point ($2.20): This serves as a significant resistance zone. Flipping $2.20 from resistance into support would likely trigger a wave of retail FOMO.
  3. Supercycle Target ($2.40 – $2.50): Should global liquidity continue to flow into the market, XRP is well-positioned to retest its previous highs and target the $2.50 psychological barrier.

Market Sentiment and Strategy

With global liquidity rising—fueled by massive stimulus from China and the Federal Reserve—scarcity-based assets like XRP are prime candidates for capital inflow. As crypto news continues to turn positive regarding Ripple’s international expansion, the momentum shift feels inevitable.

For active traders, timing is everything. Make sure you are using a platform with the best liquidity by checking our exchange comparison guide. For those looking to hold through the expected breakout, securing your assets is paramount; see our hardware wallet comparison for the latest in security tech.

Source: https://cryptoticker.io/en/xrp-price-prediction-january-2026-analysis/

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