XRP started 2026 at $1.80 It has pumped over 33% to $2.40 (yesterday) The bull market is back!

XRP's recent performance is indeed worth paying attention to. Over the past few days, the price has been oscillating within the 2.20–2.30 USD range, and the bulls are still quite active. The price has broken through 2.22 USD and is stable above the 100-hour moving average, which looks like a positive signal from a technical perspective. On the hourly chart, a clear upward trendline can be seen, with support around 2.21 USD. Looking upward, if XRP can successfully break through the 2.33 USD resistance level, then the 2.40–2.45 USD range becomes the next potential target. The bullish momentum is still there. However, risks should also be considered—if the price falls below 2.20 USD, support levels are sequentially at 2.155 USD and 2.12 USD, with an extreme case possibly reaching 2.08 USD. From a technical indicator perspective, the MACD momentum has recently eased, and the RSI is below 50, indicating some short-term correction pressure. However, the overall trend remains bullish, especially under this technical structure, and opportunities for buying on dips are gradually forming. The crypto market moves quickly, and identifying support levels might be wiser than chasing highs.

Looking at the XRP/USDT trend, it's quite interesting. Today’s price is at $2.2697, a jump of 4.56% from yesterday’s plunge, and the RMB price is 15.86 yuan, also down. The highest during the day reached 2.4084, and the lowest touched 2.2046, with quite a significant fluctuation range. Trading volume is quite active, with 235 million XRP traded in the past 24 hours, equivalent to a USDT trading volume of 543 million, indicating market enthusiasm is still there. Interestingly, there is a contrast in the time cycle — XRP has increased by 20.85% over the past seven days, and the one-month gain is 10.59%. But looking at a longer-term perspective, it’s different. Over the past three months, it has fallen by 20.82%, six months down by 6.52%, and over the past year, it’s also negative, down 6.86%. This pattern of short-term upward movement and long-term decline suggests that XRP may have recently been stimulated by some positive news, but overall, it is still digesting pressure and making adjustments. From the buy-sell sentiment, buyers still hold the upper hand. The buy ratio is 57.90% compared to 42.10% for selling, indicating a bullish market tendency. The details in the order book also confirm this — buy orders are stacked between 2.2670 and 2.2697, with a clear accumulation of buy volume and a defensive intent. On the sell side, orders are concentrated around 2.2698 to 2.2725, with some sizable pending orders that could become recent resistance levels. Recent trading records are frequent, with prices bouncing between 2.2697 and 2.2711. The number of transactions ranges from a few coins to over a thousand, showing high participation and intensive short-term trading. Overall, XRP is in a narrow-range rebound phase, with bullish sentiment still present but facing resistance. The key going forward depends on how trading density changes and how the order structure evolves.