{"id":9390,"date":"2026-01-15T05:11:05","date_gmt":"2026-01-15T05:11:05","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/xrp-price-gives-back-momentum-traders-reassess-the-bullish-setup\/"},"modified":"2026-01-15T05:11:05","modified_gmt":"2026-01-15T05:11:05","slug":"xrp-price-gives-back-momentum-traders-reassess-the-bullish-setup","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/xrp-price-gives-back-momentum-traders-reassess-the-bullish-setup\/","title":{"rendered":"XRP Price Gives Back Momentum, Traders Reassess the Bullish Setup"},"content":{"rendered":"<p><em>XRP price failed to surpass $2.20 and started another decline. The price is now correcting gains and might struggle to stay above $2.080.<\/em><\/p>\n<ul>\n<li>XRP price started a downside correction and tested the $2.080 zone.<\/li>\n<li>The price is now trading below $2.120 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a bullish trend line forming with support at $2.080 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n<li>The pair could start another increase if it clears $2.150.<\/li>\n<\/ul>\n<h2>XRP Price Starts Fresh Decline<\/h2>\n<p>XRP price failed to clear $2.20 and started a downside correction below the $2.150 zone, underperforming Bitcoin and Ethereum. The price dipped below the $2.120 and $2.10 levels to enter a negative zone.<\/p>\n<p>The price even dipped below the 61.8% Fib retracement level of the upward move from the $2.032 swing low to the $2.193 high. The bulls are now active near $2.080. There is also a bullish trend line forming with support at $2.080 on the hourly chart of the XRP\/USD pair.<\/p>\n<p>The price is now trading below $2.120 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.120 level. The first major resistance is near the $2.150 level, above which the price could rise and test $2.20.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-875933\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/01\/XRP_Price_d16bc7.png?resize=1024%2C488\" alt=\"XRP Price \" width=\"1024\" height=\"488\" \/><\/p>\n<p>A clear move above the $2.20 resistance might send the price toward the $2.250 resistance. Any more gains might send the price toward the $2.320 resistance. The next major hurdle for the bulls might be near $2.350.<\/p>\n<h2>More Losses?<\/h2>\n<p>If XRP fails to clear the $2.120 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.080 level. The next major support is near the $2.070 level and the 76.4% Fib retracement level of the upward move from the $2.032 swing low to the $2.193 high.<\/p>\n<p>If there is a downside break and a close below the $2.070 level, the price might continue to decline toward $2.050. The next major support sits near the $2.020 zone, below which the price could continue lower toward $2.00.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for XRP\/USD is now gaining pace in the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for XRP\/USD is now below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $2.080 and $2.050.<\/p>\n<p>Major Resistance Levels \u2013 $2.120 and $2.150.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price failed to surpass $2.20 and started another decline. The price is now correcting gains and might struggle to stay above $2.080. XRP price started a downside correction and tested the $2.080 zone. The price is now trading below $2.120 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with&hellip;<\/p>\n","protected":false},"author":1,"featured_media":9391,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[149],"tags":[151,150,152,153,154],"class_list":["post-9390","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp","tag-ripple","tag-xrp","tag-xrpbtc","tag-xrpusd","tag-xrpusdt"],"_links":{"self":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/9390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/comments?post=9390"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/9390\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/9391"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=9390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=9390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=9390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}