XRP Drops Below $2.109, Still Ready for a Big Breakout?

2 mins mins

Key Insights:

XRP’s weekly MACD is near a bullish crossover, last seen before its all-time high.
Price holds a 400-day support zone, which historically acted as a strong launch point.
Short-term charts show a correction, with $2.03 as the next critical support level.

*XRP Drops Below $2.109, Still Ready for a Big Breakout?*

XRP’s weekly MACD indicator is showing early signs of a crossover. In mid-2025, the MACD line crossed above the signal line, which was followed by a major upward move. The same setup appears to be forming again.

At the moment, both MACD and signal lines are moving closer. The histogram bars have been shrinking, indicating a possible shift in momentum. If the MACD line moves above the signal line, this may confirm the crossover. Traders are watching this development closely.

XRP Holds 400-Day Support Zone

The chart does not show price directly, but the 400-day support zone remains in place. This level has held firm during recent moves and is seen as a base for buyers.

Holding above this level is key. In past cycles, XRP has moved higher when long-term support zones remained intact during early momentum shifts. With the MACD setup in progress, this defense area remains relevant.

🚀 $XRP: The last time a Golden Cross printed on the Weekly MACD, XRP rallied to new ATHs. Once again, the MACD is now oversold and a Golden Cross formation is looking to form in the coming weeks. Expansion looks inevitable considering were defending a 400 days defence zone 🤔 pic.twitter.com/VXCHHKhCAQ
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) January 15, 2026

Short-Term Drop Suggests Retest Ahead

Lower timeframes are showing a different picture. According to @Morecryptoonl, XRP dropped below $2.109. This level was marked as the first signal area. After the break, the next level expected to be tested is $2.03. The analyst also noted,

“We might have a more substantial price top in place.”

A completed ABC correction can be seen on the 30-minute chart. The recent move reached $2.263, close to the 61.8% retracement, before turning lower. If $2.03 does not hold, price could fall into the zone between $1.77 and $1.68.

Current Price and Volume Data

XRP was trading at $2.07 at the time of writing. In the last 24 hours, the price has moved down by 3.3%. Over the past week, the total drop stands at 3.1%. Trading volume in the last 24 hours is $3.35 billion.

With volume remaining steady, traders are tracking both short-term price zones and the weekly MACD pattern. A confirmed crossover could shift sentiment and open the door to new price moves.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.