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XRP Daily Technical Analysis

XRP

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Last price: $1.94 Value score: 45.57 Short-term sentiment: Bearish Long-term sentiment: Bearish Last updated: 2026-01-23T13:02:16.140Z

XRP Technical Analysis Summary

XRP is currently in a bearish posture on the daily timeframe, trading below all key moving averages including the 20, 50, and 200-day SMAs. The price structure is defined by a series of lower highs since late 2025, with immediate downside risk toward the lower Bollinger Band at 1.84. A reclamation of the 2.00 level is needed to shift short-term momentum, while the long-term trend remains downward as long as price stays below the 200-day SMA.

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XRP Daily Chart

Daily candlestick price chart for XRP as of 2026-01-23T13:02:16.140Z, showing 20-, 50-, and 200-period SMAs, Bollinger Bands, volume, MACD, RSI, and the current price line with top status bar.
Daily candlestick price chart for XRP as of 2026-01-23T13:02:16.140Z, showing 20-, 50-, and 200-period SMAs, Bollinger Bands, volume, MACD, RSI, and the current price line with top status bar.

Sentiment

Short-term Sentiment (days to weeks): Bearish

Price is trading below both the 20-day and 50-day SMAs. The RSI is below 50 and trending downwards, and the MACD is negative with the MACD line below the signal line.

Long-term Sentiment (weeks to months): Bearish

The asset is trading significantly below the 200-day SMA (2.5563), and the market structure shows a clear series of lower highs from the August peak.

Report Metadata

Support Price Levels

Level Range Strength Notes
$1.82 $1.80 - $1.84 Strong Confluence of the Lower Bollinger Band (1.8421) and recent consolidation lows around 1.80.
$1.60 $1.55 - $1.65 Weak Historical support zone from the October/November consolidation base.

Resistance Price Levels

Level Range Strength Notes
$2.03 $1.99 - $2.07 Strong Cluster of moving averages: 50-day SMA (1.9924) and the 20-day SMA/Bollinger Middle Band (2.0739).
$2.35 $2.30 - $2.40 Strong Upper Bollinger Band and recent swing high rejection zone.
$2.58 $2.55 - $2.60 Strong Major trend resistance defined by the 200-day SMA.

Potential Chart Patterns in Formation

Strength Pattern Signal Target Details
Strong Downtrend (Lower Highs) Bearish N/A Since the major peak in August, the price has formed consistent lower highs (approx 3.60 -> 3.00 -> 2.40), confirming a dominant bearish trend.
Weak Bearish Flag / Channel Bearish $1.70 The recent pullback from the 2.40 swing high resembles a descending channel or flag formation, currently pressing against lower support bounds.

Frequently Asked Questions about XRP

What is the current sentiment for XRP?

The short-term sentiment for XRP is currently Bearish because Price is trading below both the 20-day and 50-day SMAs. The RSI is below 50 and trending downwards, and the MACD is negative with the MACD line below the signal line.. The long-term trend is classified as Bearish.

What are the key support levels for XRP?

StockDips.AI has identified key support levels for XRP at $1.82 and $1.60. These levels may represent potential accumulation zones where buying interest could emerge.

Is XRP in a significant dip or a Value Dip right now?

XRP has a Value Score of 46/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.

View the full interactive analysis on StockDips.AI.