XRP Price Gives Back Upside, Market Watches Support Closely

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NewsBTC • January 8, 2026 at 04:20 • Analysis
XRP price failed to gain pace above $2.320 and trimmed gains. The price is now struggling and faces resistance near the $2.20 level. XRP price started a fresh decline below the $2.250 zone. The price is now trading below $2.250 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $2.245 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it settles below $2.150. XRP Price Trims Gains XRP price failed to continue higher above $2.35 and started a fresh decline, like Bitcoin and Ethereum. The price declined below $2.320 and $2.250 to enter a short-term bearish zone. There was a break below a key bullish trend line with support at $2.245 on the hourly chart of the...

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