XRP Price Analysis for January 16
Analysis
Price Impact
HighXrp has already seen a 2% drop, and technical analysis suggests a strong potential for further significant declines, with key support levels at $2.0530, $2.0450, and $2.00 at risk. a breach could lead to a test of the $1.80 range.
Trustworthiness
MedThe analysis is based on technical indicators and charts from reputable platforms (coinstats, tradingview) and published by u.today, a known crypto news source. however, it represents a single analyst's opinion.
Price Direction
BearishSellers are currently more powerful than buyers. the hourly, daily, and midterm charts all point to ongoing downward pressure. breaking critical support levels would confirm a bearish trend toward $1.80.
Time Effect
ShortThe analysis focuses on immediate price movements ('tomorrow', 'end of the week') and mid-term projections, indicating that the bearish sentiment is relevant for the near future.
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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 Sellers are more powerful than buyers at the end of the week, according to CoinStats . Advertisement XRP chart by CoinStats XRP/USD The rate of XRP has dropped by 2% since yesterday. Image by TradingView On the hourly chart, the price of XRP is near the local support at $2.0530. If its breakout occurs, the decline may lead to the test of the $2.03-$2.04 range by tomorrow. Image by TradingView On the longer time frame, traders should focus on the nearest level at $2.0450. If the daily candle closes below it, the accumulated energy might be enough for an ongoing downward move to the $2 area. You Might Also Like Thu, 01/15/2026 - 16:14 Bitcoin (BTC) Price Analysis for January 15 By Denys Serhiichuk Such a scenario is relevant until the end of the week. Image by TradingView From the midterm point of view, the situation is rather more bearish than bullish. As the rate of XRP is far from key levels, one should focus on the nearest zone at $2. If bulls lose it, there is a high chance of seeing a test of the $1.80 range. XRP is trading at $2.0462 at press time. #XRP Price Analysis