XRP Price Analysis for January 1
Analysis
Price Impact
MedThe overall market started bearishly, and xrp declined by 1%. while the hourly chart shows short-term bullish potential, the midterm outlook is less optimistic, suggesting sideways movement or a potential drop.
Trustworthiness
MedThe analysis is based on technical indicators (resistance/support levels, volume) from a crypto news outlet, u.today, but it is an opinion piece and includes a disclaimer about financial advice.
Price Direction
NeutralThe hourly chart indicates a potential short-term bullish move towards $1.88 if xrp holds above $1.8558. however, low volume suggests a more likely scenario of sideways trading in the midterm. a weekly close below $1.80 could lead to a significant drop to the $1.60 zone.
Time Effect
ShortThe immediate bullish scenario is based on the hourly chart, implying a short-term price movement. the midterm analysis, covering the 'end of the week' and 'weekly bar,' suggests a longer-term uncertainty.
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Article Content:
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News 2026 has started bearishly for the cryptocurrency market, according to CoinMarketCap . Advertisement Top coins by CoinMarketCap XRP/USD The rate of XRP has declined by 1% over the last 24 hours. Image by TradingView Despite the fall, the price of XRP is looking bullish on the hourly chart. If bulls can hold the rate above the local resistance at $1.8558, the growth is likely to continue to the $1.88 area. Image by TradingView On the bigger time frame, the situation is less bullish. The rate of XRP is far from the main levels. You Might Also Like Wed, 12/31/2025 - 15:03 DOGE Price Analysis for December 31 By Denys Serhiichuk The volume remains low, which means sideways trading around the current prices is the more likely scenario until the end of the week. Image by TradingView From the midterm point of view, there are no reversal signals so far. If the weekly bar fixes below the interim level of $1.80, the accumulated energy might be enough for a more profound drop to the $1.60 zone. XRP is trading at $1.8580 at press time. #XRP Price Analysis