Ripple\u2019s XRP has drawn attention once again following a technical setup that resembles its 2017 market pattern. Now, traders are watching its behavior around a key support level that once triggered a major rally.<\/p>\n
In 2017, XRP broke out from a multi-year triangle, held above the 21-month EMA, and then climbed sharply in early 2018. Analyst JD pointed out<\/a> that the token is now showing a near-identical pattern. It has broken out from a large triangle and is currently bouncing off the same 21-month EMA.<\/p>\n The setup has raised expectations that XRP might follow the same path as before. Currently, the price movement suggests that the asset could be setting up for another strong move if the pattern holds. JD explained,<\/p>\n \u201cIn 2017, we broke out from triangle, consolidated for over a year, retested 21M EMA\u2026 then parabolic in Jan 2018.\u201d<\/p>\n XRP recently jumped from below $1.90 to $2.41 within a week, driven by increased ETF inflows and reduced token supply on exchanges. However, the rally lost momentum, and the asset has since retraced to $2.07 at press time. The 24-hour volume stands at over $2.88 billion, with the price slipping slightly in the last 24 hours and almost 3% over the past week.<\/p>\n Analyst ChartNerd noted<\/a>, \u201c$XRP has a job on its hands,<\/em>\u201d referring to strong resistance levels ahead. Both the Weekly 20 EMA and the mid-line of the Gaussian channel are sitting near $2.26. These indicators are now acting as resistance.<\/p>\n \u201cFail to push up\/break them, then we resort back to multi-month support,\u201d they added.<\/p>\n Meanwhile, XRP is also reacting<\/a> to former triangle support, now testing it as resistance. Another analyst, Javon Marks, shared that XRP\u2019s current structure matches its 2017 breakout. Back then, the token exceeded its measured move target. \u201cXRP can be in route to its measured move target above $16.5,<\/em>\u201d he said, which would represent a 663% move from current levels.<\/p>\n $XRP<\/a>, in its 2017 breakout structure, not only surged to its measured move target but also well above.<\/p>\n With an almost exact structure replication and breakout happening, XRP can be in route to its measured move target above $16.5 which may result in a more than >663% run from\u2026 pic.twitter.com\/YoT7KNnX4k<\/a><\/p>\n \u2014 JAVONMARKS (@JavonTM1) January 11, 2026<\/a><\/p>\n\n He also suggested that a similar breakout could push the token even higher than those projections. This view is based on structure alone, without considering outside market forces. The path ahead depends on how XRP handles resistance and whether volume continues to support upward pressure.<\/p>\n CryptoWZRD noted that XRP\u2019s daily candle closed indecisively. \u201cA move above the $2.1000 resistance is a bullish territory,<\/em>\u201d the analyst said<\/a>, adding that Bitcoin\u2019s next move may guide the market direction.<\/p>\n There are also signs of caution. Ali Martinez pointed out<\/a> a possible gravestone doji forming, which can signal weakness. At the same time, whale activity has slowed. A report from CryptoPotato<\/em> said<\/a> large XRP transfers jumped during the price surge but have since dropped off. This may suggest less participation from major holders.<\/p>\n The post Ripple\u2019s XRP Tests Historic Support That Sparked Its 2018 Surge<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Ripple\u2019s XRP has drawn attention once again following a technical setup that resembles its 2017 market pattern. Now, traders are watching its behavior around a key support level that once triggered a major rally. XRP Returns to 21-Month EMA Support In 2017, XRP broke out from a multi-year triangle, held above the 21-month EMA, and […]<\/p>\n","protected":false},"author":0,"featured_media":126465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-126464","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/126464"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=126464"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/126464\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/126465"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Strong Rally Fades at Resistance<\/h2>\n
Market Conditions Remain Mixed<\/h2>\n