XRP rose to $1.90 on January 28, yet failed to break a narrow $1.88–$1.94 band that has defined price action. The move showed short-term resilience but left the market structurally unchanged.
In the short term, XRP is holding an immediate support around $1.88, which acts as a key technical floor as of January 28. Analists says that a more significant support level will be at least at $1.80, but a sustained break below this area could open the door to a deeper pullback toward the $1.61–$1.62 range, identified by analyst as the next potential downside target.
On the upside, immediate resistance is located between $1.92 and $1.94, where the 200-period EMA sits near $1.92, reinforcing selling pressure in that zone. Above that, $2.00 represents a critical psychological and technical barrier, while a sustained move beyond $2.15 is widely seen as the level that would decisively shift market bias back to the upside.
How high will the price of XRP go?
Short-term indicators skewed mildly bearish. The daily RSI read 42.49 on January 27, below the neutral 50 line, and the daily MACD was approximately -0.04, close to zero, signaling low momentum. XRP remained below key moving averages and some analysts pointed to a ‘death cross’ pattern reinforcing corrective risk.
On-chain and flow dynamics offered limited comfort: reports indicated that large holders absorbed selling around $1.80, which helped cap losses during dips. Still, the steep -37.55% from the past year decline contrasted with modest short-term gains (0.07% 24h, 1.40% 7d, 2.71% 30d).
For traders and treasuries the immediate task is execution management: discipline around stop placement and position sizing matters more in compressed ranges. A decisive, high-volume breakout above $1.94–$2.00 — and critically above $2.15 — would be required to shift risk models toward upside scenarios. On the other side, if XRP has a failure to hold $1.80 it could trigger a move to the $1.61 area.
Investors are now watching whether ETF flows and regulatory signals in 2026 will provide the catalyst needed to end 14 months of compression. A clear, sustained breakout on volume would validate the optimistic technical scenarios.
