Search





Search





NewsCryptocurrencies

XRP Price Breakdown Accelerates — Can Support Absorb The Shock?

NewsBTCJan 30, 2026 4:28 AM

View all comments（0）



XRP price extended losses and traded below $1.80. The price is now consolidating and might decline further if it remains below $1.8250.

XRP price started a fresh decline below the $1.80 zone.
The price is now trading below $1.80 and the 100-hourly Simple Moving Average.
There is a key bearish trend line forming with resistance at $1.8050 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair could continue to move down if it stays below $1.8250.

XRP Price Nosedives

XRP price failed to stay above $1.90 and started a fresh decline, like Bitcoin and Ethereum. The price declined below $1.850 and $1.8250 to enter a short-term bearish zone.

The price even spiked below $1.750. A low was formed at $1.710, and the price is now consolidating losses. There was a recovery wave above $1.740. The price is approaching the 23.6% Fib retracement level of the downward move from the $1.938 swing high to the $1.710 low.

The price is now trading below $1.80 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.7650 level. The first major resistance is near the $1.80 level. There is also a key bearish trend line forming with resistance at $1.8050 on the hourly chart of the XRP/USD pair.

A close above $1.80 could send the price to $1.8250 or the 50% Fib retracement level of the downward move from the $1.938 swing high to the $1.710 low. The next hurdle sits at $1.850. A clear move above the $1.850 resistance might send the price toward the $1.880 resistance. Any more gains might send the price toward the $1.920 resistance. The next major hurdle for the bulls might be near $1.950.

Another Decline?

If XRP fails to clear the $1.80 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.740 level. The next major support is near the $1.720 level.

If there is a downside break and a close below the $1.720 level, the price might continue to decline toward $1.70. The next major support sits near the $1.6720 zone, below which the price could continue lower toward $1.650.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level.

Major Support Levels – $1.740 and $1.720.

Major Resistance Levels – $1.7650 and $1.80.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

Commenting Guidelines

Recommended Articles

Broadcom Stock Forecast: Down Over 30% Since June, Can the Stock Rebound From Here?

On September 16, Broadcom (AVGO) hit a recent intraday low of $335.80, pulling back 32% from its all-time high of $494.20 and almost entirely erasing its year-to-date gains. Yet just a few months ago, Broadcom was hailed by the market as the most certain winner in AI computing power; now, it has become a poster child for unfulfilled expectations. The root of this shift traces back to its Q2 FY2026 financial report released on June 3. While AI semiconductor revenue reached $10.8 billion—up 143% year-over-year—and Q3 guidance projected over 200% year-over-year growth, management merely reiterated its target of "exceeding $100 billion in AI chip revenue by FY2027" as unchanged, declining to raise it. Market expectations, already priced at a P/E ratio of around 90x, lost the fuel to expand further, sending the stock price into a continuous decline. As the share price dropped, its valuation also underwent a reset. Could this now mark a turning point for the stock?

US Stocks Mixed as Dow Drops 160 Points; Tech Stocks Lead, Meta Rises 4.5%

The top leaders of China and the U.S. met in the United States, alongside reports that U.S.-Iran negotiations were seeking to reopen the Strait of Hormuz. U.S. stocks recovered part of their losses, with technology stocks leading the gains. At the close, the Dow Jones Industrial Average fell 0.31% to 51,349.98; the Nasdaq Composite Index rose 0.01% to 26,939.37; and the S&P 500 Index dipped 0.02% to 7,704.13.

Meta Stock Forecast: Muse Monetization Path Is Key as JPMorgan Raises Price Target to $920; Can Stock Hit Record High?

On September 24, Eastern Time, Meta Platforms (META) reached an intraday price of $777.89, hitting a nearly one-year high. Following the Meta Connect event, JPMorgan raised its price target on the company from $820 to $920 while maintaining an Overweight rating. The core reason is that the monetization path for Muse is becoming increasingly clear, leaving the bank more optimistic about Meta's growth potential beyond advertising.

Oracle Tumbles 7% as Project Jupiter Data Center Force Majeure Notice Sparks Delay Concerns

On September 24, Oracle (ORCL) fell as much as 5% in pre-market trading and dropped over 7% after the market opened. Sparking market concerns was a force majeure notice issued by the company regarding Project Jupiter, a large-scale data center in New Mexico. Investors' focus is shifting from massive AI orders to delivery timelines and capital recovery. According to Bloomberg, Oracle has sent a formal notice to developer Stack Infrastructure, seeking to delay payments if the project fails to become operational as planned in 2028. This move does not imply exiting its position as the primary tenant, nor does it mean a payment waiver has been granted. Oracle maintained that the project is proceeding according to schedule, but did not specifically address the notice itself.

Meta Connect 2026 New Product Roundup: Muse Integrated Into AI Glasses, Can It Drive Meta Revenue Growth?

TradingKey - At the Connect 2026 conference held from September 23 to 24, Meta (META) unveiled the Ray-Ban Meta Audio, third-generation Ray-Ban Meta, and Meta VR Glasses, while upgrading the Meta Ray-Ban Display. The company also announced the integration of its personal AI agent, Muse, into its AI glasses, expanding its product scope from mobile phones and social apps to wearable devices.

Featured Tools