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Published on 2026-01-23 | 5 hours ago
XRP’s Critical $2.1 Breakout: Will It Spark Rally?
XRP needs to break above $2.1 resistance to start a new uptrend. Chart Nerd reveals a simple step after six months of decline. Current price sits at $1.91.
XRP faces a straightforward path to recovery. The cryptocurrency needs to surpass one key level. That level sits at $2.1, according to recent market analysis.
The digital asset has tested investor patience recently. Price action shows repeated failures at critical resistance points. Market data reveals XRP could reverse its downtrend with one decisive move.
The Descending Trendline Strangling XRP
According to the Crypto Basic on X, XRP has been limited by a downward trend line since July 2025, since it began reaping rewards. Resistance sits at $2.1. An obvious upsurge above 2.1 may mark the start of another rally.
Chart Nerd also gave a close-up view of the XRP price setup. The analyst cautioned that most investors complicate market conditions. The most important thing is to break the current trend-line resistance, which will restart the bullish movement.
At the beginning of 2024, XRP moved around the border of $0.50 and was repeatedly tested on the support of 0.45 to 0.55. Following the U.S. election, its trajectory shifted radically.
Explosive Rally Met With Strong Resistance
From November 2024 to January 2025, XRP surged by over 500%. The price climbed from $0.50 to $3.4 in this period. An accumulation range formed between $1.7 and $1.9 during the rally.
Sellers regained control after the $3.4 peak. A pullback followed, creating the first resistance trendline. This trendline capped growth prospects for six months afterward.
Multiple breakout attempts failed at this barrier. XRP slipped to lower lows each time. A sharp March rebound pushed prices above $3.02. President Trump included XRP in the U.S. crypto stockpile then.
The $3 resistance triggered another pullback. XRP dropped to $1.6 by April 2025. May 2025 brought another recovery attempt to $2.65. The resistance trendline caused another reversal.
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July Breakout Created New Ceiling
XRP finally broke above the trendline in early July. Prices skyrocketed to $3.6 on July 18. A pullback followed this peak performance.
The July 18 decline formed a second resistance trendline. This current barrier continues to limit upward movement. Two breakout attempts have failed against this resistance.
The first attempt occurred from late September to early October. XRP reached $3.1 on October 2. The cryptocurrency hit a roadblock at this point. The October 10 market crash worsened the correction. XRP fell to $2.2 by October 17.
Recent Breakout Attempt Fizzles Out
The second breakout attempt emerged this year. XRP recovered from Q4 2025’s downtrend to $2.41 by January 6, 2026. This attempt also encountered resistance and reversed course.
As The Crypto Basic tweeted on X, XRP currently trades at $1.91. The descending trendline continues sloping downward. The resistance to breach now sits around $2.1.
Chart Nerd maintains that XRP must complete this simple test. Breaking above the resistance will begin an uptrend. Until then, price action remains range-bound. The multi-month accumulation support must hold for this scenario.
The post XRP’s Critical $2.1 Breakout: Will It Spark Rally? appeared first on Live Bitcoin News.
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