XRP Shows Signs of Breakout from Falling Wedge, Potential Rise to $2.2

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Jan 03 2026

Should l Buy XRP?

Technical Breakthrough: According to analyst Crypto Captain, XRP has slowly broken above the upper boundary of a falling wedge, indicating potential upward momentum and suggesting that sellers may be losing control, thereby providing opportunities for buyers.
Market Sentiment Shift: At the time of analysis, XRP's price hovered around $1.8975, and although the breakout is not yet fully confirmed, this movement could signify a shift in market sentiment, attracting more investor attention.
Resistance Level Testing: The analysis shows that XRP has tested this resistance level multiple times, and if it can maintain above the wedge, it may push the price towards $2.2, further enhancing short-term bullish momentum.
Investor Monitoring: Market participants are closely watching XRP's daily charts to gauge the strength of the breakout, with confirmation requiring multiple daily closes above the wedge accompanied by strong volume to ensure the market remains stable.

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Technical Analysis for XRP

Technical Sentiment Analysis for XRP (XRP) As of , XRP (XRP) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for XRP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, XRP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

XRP (XRP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.518	0.818	1.156	1.455	1.793	2.093	2.431
Fibonacci	0.818	1.061	1.212	1.455	1.699	1.849	2.093

About XRP

Launched in 2012, the XRP Ledger (XRPL) is an open-source, permissionless and decentralized technology. Benefits of the XRP Ledger include its low-cost ($0.0002 to transact), speed (settling transactions in 3-5 seconds), scalability (1,500 transactions per second) and inherently green attributes (carbon-neutral and energy-efficient). The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol. Since 2012, the XRP Ledger has been operating reliably, having closed 70 million ledgers.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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