XRP Price Risk Elevated Below $2.00 as Market Volatility Spikes
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XRP price against Tether has dropped significantly, going down by 2.13% in the last 24 hours. It appears that major investors are selling off large positions, causing $14 million in losses. The token’s price has struggled to stay above key technical levels, signaling a loss in momentum below $2.04. Additionally, broader market fears and a falling stock market further discouraged buyers. As it stands, a new plan by the NYSE to trade digital versions of stocks made some investors reconsider trading tokens like XRP.
Currently, XRP trades at $1.9354, recording more than 68 million traded volumes on the 24-hour chart.
Technical Indicators
Major Resistance Levels: $2.04, $2.32, and $2.40
Major Support Levels: $1.87, $1.77, and $1.61
Can XRP Sustain the Move?
In a recent post, @ChartNerdTA asserts that the XRP price has flipped from bearish to bullish following a major breakout, despite the price currently retracing to backtest falling wedge resistance. While a rejection occurred at the $2.40 golden ratio resistance level, the analyst opined that the primary objective for the bulls now is to successfully defend the $1.80 support level.
$XRP: Although much hangs in the balance, structure has flipped from bearish into bullish. Price is returning back down to falling wedge resistance for a backtest after a major breakout. We rejected at $2.40 due to golden ratio resistance. The main aim? Defend $1.80. pic.twitter.com/VTyY5Hv3gH
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) January 20, 2026
Technical Analysis
Technically, the XRP price appears to be in a cool-down phase after a big rally. Observably, out of the last 14 days, 13 have seen the price go down. However, the Stochastics RSI shows that while there is a lot of selling pressure, the momentum seems to be stabilizing. This suggests some buying activities around the $1.90 zone.
To this end, for the XRP price to reclaim its lost position, it needs to break above $2.09 with strong buying volume. Conversely, if momentum continues, a break below $1.80 might send the price back to the $1.61 level as the Guppy Multiple Moving Averages (GMMA) signals an impending bearish crossover.
XRP Price Update
The XRP against Tether is currently facing resistance at $2.20 after bouncing from December lows. Despite the rebound, price action remains “noisy” and range-bound. The analysis shows that reliable bottoming signals are absent until a breakout above the $2.69–$2.84 range occurs. This is leaving the immediate outlook speculative and lacking a high-probability setup.
As it stands, downward pressure persists, with potential support levels near $1.77 and $1.68. Meanwhile, a break above $2.19 might shift local focus higher; the structure remains corrective. To this end, monitoring for a clear five-wave move to confirm a definitive trend direction amidst this complex, volatile consolidation is necessary.
XRP/USDT Analysis: Short-term Price Trapped Above $1.84
The 4-hour chart shows XRP/USDT is squeezed between $1.92 and $1.98. As it stands, the price is currently trapped in a downward pattern as the GMMA displays obvious dominance from the bears. Meanwhile, the pattern of the momentum oscillator suggests upside potential as the line extends into the oversold region.
To this end, if the price can close a 4-hour candle above $1.98, it might jump back to $2.04; a move below $1.87 would further elevate the risk.
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