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XRP Price Analysis for January 26

XRP Price Analysis for January 26

CryptoNewsNetCryptoNewsNet2026/01/26 15:51
By:CryptoNewsNet
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XRP Price Analysis for January 26

XRP Price Analysis for January 26 image 0  u.today 8 m
XRP Price Analysis for January 26 image 1

A new week has begun with ongoing bears' control, according to CoinMarketCap.

XRP Price Analysis for January 26 image 2

XRP/USD

Unlike most of the other coins, the rate of XRP has risen by 1.59% over the last 24 hours.

XRP Price Analysis for January 26 image 3

On the hourly chart, the price of XRP has made a false breakout of the local resistance at $1.9168. However, if a bounce back does not happen and the daily bar closes near that mark or above it, one can expect a test of the $1.95 zone tomorrow.

XRP Price Analysis for January 26 image 4

On the longer time frame, the rate of XRP has once again bounced off the support at $1.8209. However, buyers have not accumulated enough energy for a continued upward move.

In this case, sideways trading in the range of $1.85-$1.95 is the most likely scenario this week.

XRP Price Analysis for January 26 image 5

From the midterm point of view, traders should focus on the weekly candle's closure in terms of the nearest level of $1.8209. If it breaks out, one can expect a further dump to the $1.70-$1.80 zone.

XRP is trading at $1.9166 at press time.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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