2026-01-08 15:35:47

XRP Market Observation

On the daily chart, the price is still moving within a consolidation range, but there have been quite a few interesting structural changes, especially the unfilled gaps that still exist, leaving room for a subsequent directional breakout.

Switching to the 4-hour cycle, the situation becomes clearer. The internal structural reversal, combined with a strong rally, has recently formed a breakout signal. This combination usually indicates the start of a trend.

From a technical perspective, the $1.9623 level is worth paying attention to. It sits right near a key support just above liquidity, making it a good entry point from an entry perspective. If the price can hold steady here, the target can be set near the recent high.

Overall, the current rhythm hints at some positive signals, but it’s still necessary to wait for a clear breakout confirmation before gaining more confidence to follow through.

XRP-0,04%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

18 Likes

Reward
18
8
Repost
Share

Comment

0/400

BrokeBeans

· 8h ago

I've had my eye on the 1.96 level for a while now; let's see if it can hold steady. If this gap isn't filled, I think it's a bit risky. Let's wait for a confirmed breakout before making any moves. I'm watching this wave of bankruptcy closely; we must turn things around. It's another confirmed breakout. You guys analyze so thoroughly; I just want to know when it will go up. It feels like this structural reversal is just a bluff; it might drop back down again soon. The critical level at 1.9 has arrived, finally getting interesting.

View OriginalReply0

DeFiDoctor

· 01-08 16:06

The idea that the gap hasn't been filled is a bit far-fetched; a liquidity trap is indeed a potential risk.

View OriginalReply0

WealthCoffee

· 01-08 16:01

Still looking at the gap, feels like I say this every time haha The 1.9623 level is indeed critical, but whether it breaks or not is the real question After blocking for so long, I have to wait for a clear signal before taking action XRP is like this, sometimes turbulent, sometimes dead water Optimistic, but stay rational and don't get caught up in the hype

View OriginalReply0

ImpermanentPhilosopher

· 01-08 15:59

1.9623 I've been watching this level for a long time, but I haven't dared to act. XRP looks good this wave, but let's wait until it breaks the level. Wait, wait, wait, I feel like there's still some shakeout coming. Every day talking about positive signals, I just want to ask when will it really move. Both gaps and support levels, I'm hearing it so much my ears are calloused. Just do it already.

View OriginalReply0

GasFeeSobber

· 01-08 15:58

I’ve had my eye on 1.9623 for a while now, just waiting to see if it can hold steady. Waiting for a breakout confirmation again, I say this every time... XRP’s recent rhythm is indeed interesting; the unfilled gap is definitely worth paying attention to. The technicals look great, but I’m worried about the main players dumping. I bet it can break the high, that would be awesome. If it can’t hold the support, it’ll be awkward, and I might get caught in a deeper trap. This sprint feels a bit aggressive, I’m optimistic about the follow-up. But to be honest, it might still be a bit early to enter now. Give me a confirmation signal, and I’ll go all in.

View OriginalReply0

UnluckyMiner

· 01-08 15:51

Looking at the gap again? This thing always says whether it will fill or not, but what actually happens? I remember the 1.9623 level; last time I heard it said like that, it just dropped straight down... Waiting for confirmation? Haha, you'll be waiting until the flowers wither.

View OriginalReply0

LuckyBearDrawer

· 01-08 15:44

1.9623 this level must hold, or it will be another false hope Wait for the breakdown confirmation before taking action, don't be fooled by the tricks Reversal + gap, I've seen this combo too many times, better to be cautious Waiting for confirmation again, and clear signals too, it feels like all analysts are using the same approach Stand firm on support and then push, break and run, simple and straightforward is the best approach Will this be another false breakout this time, making people happy for nothing Target so close? So this is just a short-term rebound, huh

View OriginalReply0