2026-01-17 07:30:18

XRP's current position is indeed quite interesting. Recently, a hot market sentiment has emerged: BlockDAG has been heavily accumulating at $0.001, BNB is stuck in a sideways trend, while XRP is holding firm at the $2 level. It seems this market movement is quite deliberate.

A piece of news has resurfaced, indicating that Ripple's support for the US cryptocurrency legislation has genuinely shifted market expectations. This is a substantial positive for XRP—considering that this coin has been tightly regulated over the past few years. In comparison, some established compliant platforms are still struggling with banking relationships, highlighting the value of this policy support.

From a technical perspective, XRP is currently gathering strength. The current price is $2.060000, with an RSI of 48.5, indicating a neutral to slightly weak state. The support level is set at $1.977600, and the resistance level is at $2.142400, with $2.111500 being a key breakout point. Once it surpasses this level, XRP could aim for $2.142400 or even higher.

From a trading standpoint, the strategy could be as follows: enter in batches around the current $2.06, with a stop-loss set at $1.977600 to protect capital. If XRP successfully breaks through $2.111500, hold on and target $2.142400. Conversely, if it falls below the support at $1.977600, it’s prudent to cut losses—capital preservation always comes first.

What are your thoughts on this market movement? Feel free to share different opinions.

XRP-2,15%

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.

20 Likes

Reward
20
9
Repost
Share

Comment

0/400

ChainComedian

· 01-20 05:30

XRP's recent attempt to hold at $2 seems a bit desperate, just afraid of a sharp drop Ripple has sorted out the regulatory issues in the US, so finally no more being beaten by regulators The $2.111500 barrier, either break through or be buried, there's no middle ground BlockDAG is mining at $0.001, BNB is lying flat, XRP is holding on... Is this market acting out "The Three-Body Problem"? Breakthrough and go, fall below $1.977 and you must get out, this is the only truth What will happen to XRP when Ripple's policy benefits truly land? Will the previous gains cause a sell-off? Who is really defending the support level? Or is it all just retail investors helping each other? RSI 48.5, what are we really waiting for... feels like it's just hanging there Is gradually buying at this price truly safe or just asking for trouble? Regulatory friendliness = long-term benefit, but in the short term, this position looks a bit ugly

View OriginalReply0

SmartContractPlumber

· 01-19 23:57

XRP this wave of policy benefits is indeed worth paying attention to, but honestly, the technical numbers look a bit uncertain to me—RSI 48.5 just says "neutral leaning weak, accumulating strength," which is a bit of a stretch. More importantly, Ripple has suffered many setbacks on the compliance road over the past few years, and the real turning point depends on how the final decision in the US turns out. It's still too early to say it's a positive development. The advice to enter in batches and set stop-losses is fine; I agree with the logic of prioritizing capital preservation— but only if you can truly execute decisively. Most people are reluctant to cut losses when the support level is broken, and that's the real trap.

View OriginalReply0

liquiditea_sipper

· 01-19 15:44

Honestly, the $2 level is really uncomfortable; either go up or down. This sideways movement really tests the will. The shift in regulatory attitude is truly encouraging; finally some good news. Keep an eye on the $2.111500 level. If it breaks, hold; if it doesn't, I'll exit.

View OriginalReply0

EthMaximalist

· 01-17 08:00

Just based on Ripple's change in attitude this time, it's quite interesting. Holding firmly at $2 is really gathering momentum, waiting for the signal to break below $2.1115. BlockDAG is building positions at low levels, but the regulatory story of XRP is even more worth following. Gradual entry to ensure capital preservation—that's the real strategy. Can XRP break through $2.14 this round? I think there's a chance.

View OriginalReply0

SchrodingerAirdrop

· 01-17 08:00

XRP holding the 2-dollar mark firmly is indeed a variable due to Ripple's attitude shift, but I remain cautious. $2.111500 is an overly absolute statement; we've seen historical trends before. BlockDAG building at 0.001? Let's observe first, don't get blinded by FOMO.

View OriginalReply0

EyeOfTheTokenStorm

· 01-17 07:54

Based on my quantitative model, the $2.06 level does have some significance, but the RSI at 48.5 indicates it's not time to take off yet. Don't rush. Honestly, the policy support from Ripple seems more like a market hype excuse. Whether XRP can truly be saved depends on whether it can hold steady above $2.111500... I've been watching this number for half a month. Buy in batches, set stop-loss at $1.977600—that's my strict rule—losing money and making money happen just as quickly; maintaining the right mindset is the most important. BlockDAG is only $0.001? Wait, is this a new coin? It feels like the market is dispersing chips... In the past few days, XRP has held firm above $2, it seems major institutions are testing the waters. Breaking through $2.142400 could really open up opportunities, but don’t be fooled by short-term fluctuations. Historical data tells me that this kind of bottoming pattern usually tests the lower support once before truly rising. Are you mentally prepared? For friends doing T+0 trading, buy above $2.06, sell half at $2.11—that's a stable approach... That's how I operate anyway. Until it breaks through $2.111500, I dare not say anything—markets are always smarter than me. Learning to admit when you're wrong is the beginning of making money.

View OriginalReply0

HappyMinerUncle

· 01-17 07:48

Hmm... Ripple's recent policy move was quite effective; at least there's some noise now. XRP $2 is standing firm here, but I'm wondering if I should wait to break $2.11. Honestly, compared to BlockDAG's accumulation, I still prefer XRP's fundamentals, but RSI at only 48.5 isn't urgent. I remember that $1.977 support; if it breaks, I'll exit and won't gamble along. --- $2 is really tough to break through; when can we catch up with BTC's pace? --- Regulatory support plus technical accumulation, a decent combo, but I'm worried about the repeated ups and downs. --- Brothers, I just want to know, how long can this policy last? What about the promising results last time? --- Gradually entering at $2.06 seems prudent; I'm still cautious and watching. --- Waiting for Ripple whales' moves; jumping in now might be a bit early.

View OriginalReply0

DaoGovernanceOfficer

· 01-17 07:47

empirically speaking, ripple's regulatory posture shift is interesting but let's not pretend this solves the fundamental governance problem. xrp holders still have zero say in protocol decisions—compare that to actual decentralized alternatives and you'll see the data suggests this is just theater. token-weighted voting would at least give us *some* mechanism, but nah.

Reply0

MEVHunterNoLoss

· 01-17 07:31

XRP must hold at 2 dollars. This time, Ripple's change in attitude is indeed quite aggressive, and the regulatory hurdle has been effectively overcome. --- BlockDAG is aggressively building positions at low levels. It feels like the market is brewing something. --- If the 2.111500 level is broken upward, there is indeed potential, but the premise is that trading volume keeps up. --- To be honest, XRP's recent policy positive news came a bit late, but better late than never. --- If support at 1.9776 is broken, admit defeat. There's no point in overthinking; capital preservation is the key. --- Consolidation is really the hardest to endure. Still, waiting for a clear direction is better. --- Is the Ripple support bill also paving the way for going public? --- RSI at 48.5 is neutral to slightly weak. This kind of market still needs to be patient; it's a bit urgent. --- Entering in batches is the right approach. Those who go all-in at once are brave; I am cautious.

View OriginalReply0