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XRP Golden Cross Ignites: $2.07 Breakout Targets $2.35 Resistance

XRP Golden Cross Ignites: $2.07 Breakout Targets $2.35 Resistance

Author:
Cryptonews
Published:
2026-01-17 15:04:49
16
1

XRP's chart just flashed a classic bull signal—and it's pointing straight up.

The 50-day moving average sliced through the 200-day line, forming the coveted 'Golden Cross' pattern. Technical analysts treat this crossover like a starting pistol; it historically precedes major uptrends.

Breaking the $2.07 Barrier

All eyes are on the $2.07 level now. A clean breakout above it isn't just another incremental gain—it's the confirmation that bulls have wrested control from the bears. That price point has acted as a stubborn ceiling, and cracking it open clears the runway.

The Path to $2.35

With the Golden Cross confirmed and $2.07 in the rearview, the next major hurdle sits at $2.35. That's the next significant resistance zone where previous sell-offs have begun. Reaching it would mark a substantial leg in this rally, turning skeptics into believers—or at least into slightly less cynical observers. After all, in crypto, a 'strong technical foundation' often just means the chart hasn't caught up with the bad news yet.

Volume is key here. A surge on the breakout gives it legitimacy; a weak push turns it into another fakeout for the history books. The setup is textbook. Now, we see if the market decides to read the book or rip it up.

Golden Cross Sparks Bullish Momentum

XRP formed its first golden cross of 2026, a bullish technical event where the 23‑day moving average crossed above the 50‑day moving average. Historically, this pattern signals a shift toward upward momentum.

XRP/USD Golden Cross – Source: Tradingview

As long as XRP holds above the $2.02–$2.03 support band, the bullish setup remains intact. Traders are now watching the $2.28–$2.35 resistance zone, where the 200‑day EMA sits as a major hurdle.

  • Current price: $2.0725
  • Key support: $2.02–$2.07
  • Resistance levels: $2.28–$2.35, $2.70
  • RSI: 47.92, showing early bullish divergence

XRP Price Forecast: Support Holds at $2.07 as Triangle Pattern Signals Breakout

The 4‑hour chart reveals a descending triangle pattern, typically bearish, but recent price action suggests a potential bullish divergence.

RSI has crossed above its moving average, hinting at building momentum. A bullish engulfing candle NEAR $2.0415 adds weight to the case for upside.

If XRP breaks above $2.1126 with volume confirmation, targets include $2.1837 and $2.2721, with a MOVE beyond $2.2726 opening the door to a retest of the $2.30–$2.35 range.

XRP/USD Price Outlook for Traders

Despite volatility, XRP’s golden cross and triangle setup provide a clear roadmap. A daily close above $2.10 could accelerate gains toward $2.35, while holding above support strengthens the case for a rally toward $2.70.

With crypto sentiment stabilizing, XRP offers a compelling opportunity for traders and presale participants seeking momentum in early 2026.

XRP/USD Price Chart – Source: Tradingview

XRP price prediction is likely to be bullish if it breaks above $2.1126 with volume confirmation, it could target the 0.382 retracement at $2.1837, followed by the 0.236 level at $2.2721. A move beyond $2.2726 WOULD invalidate the triangle’s bearish bias and open the door to a retest of the $2.30–$2.35 range.

Traders should watch for a clean breakout above the triangle’s upper trendline and monitor RSI for continued divergence. With broader crypto sentiment stabilizing and XRP showing technical resilience, this setup could offer a compelling entry for presale participants looking to ride momentum toward higher levels in Q1 2026.

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