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XRP Price Prediction: $1.97 CME Gap Filled - 4H Chart Setup Signals Imminent $3 Breakout

XRP Price Prediction: $1.97 CME Gap Filled - 4H Chart Setup Signals Imminent $3 Breakout

Author:
Cryptonews
Published:
2026-01-19 20:50:55
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XRP just executed a critical technical maneuver—closing a notorious CME futures gap at $1.97. The move isn't just a footnote; it's a launchpad.

The 4-Hour Setup: A Springboard to $3

Analyze the four-hour chart, and the narrative shifts from consolidation to propulsion. Key moving averages have realigned, volume profiles confirm accumulation, and a multi-month compression pattern is resolving to the upside. The $1.97 level, once a void of uncertainty, now acts as a confirmed support floor. All metrics point toward an imminent test of the next major resistance zone.

The path to $3 is now technically validated. The market has cleared a major overhang—one that traditional finance pundits love to obsess over while missing the bigger, decentralized picture. The breakout isn't a question of 'if' but 'when,' as on-chain momentum and chart structure converge. Watch for a decisive close above the immediate high-time-frame resistance; that will be the starter's pistol.

Remember, in crypto, gaps get filled, but trends get paid. Wall Street's derivative ghosts don't haunt this market for long—they just provide cheap entry for those who read the tape.

Rare XRP Bullish Signal Emerges

Additionally, XRP has displayed a rare bullish signal against Ethereum, breaking above the two-week Ichimoku Cloud.

This movement places XRP in a unique position, where the cloud, which has traditionally functioned as a ceiling, could now serve as support.

This marks the first time since 2021 that XRP has reached such a level, sparking interest among traders and analysts.

According to recent analysis shared by Matt Hughes, a popular crypto analyst, the XRP/ETH pair has crossed above the two-week Ichimoku Cloud, a level that previously acted as resistance.

Hughes emphasized that the cloud is now shifting from a resistance zone to a potential support zone for XRP.

“Does this mean $XRP will finally outperform $ETH? Let’s find out.” Hughes stated.

XRP trades around 0.00062 ETH, reflecting a modest 6% decline over the past two weeks but still maintaining a position above the Ichimoku Cloud.

XRP Price Prediction: 7-Hour Chart Shows Trend Reversal Confirmation

On the 7-hour chart, XRP displays a market transitioning out of a prolonged corrective phase, with early signs of trend stabilization, though confirmation remains pending.

Price has decisively broken above the descending trendline that defined the multi-month downtrend, indicating that bearish momentum has materially weakened.

That breakout was followed by a sharp, impulsive rally, confirming strong reactive demand and suggesting sidelined buyers were waiting for structural confirmation before stepping in.

XRP Price Prediction - XRP Price Chart

Source: TradingView

Currently, XRP consolidates around $2.00, aligning closely with the 1-month rolling VWAP NEAR $2.06.

This zone acts as a short-term equilibrium and represents an important level to defend. The recent pullback appears corrective rather than impulsive, as price holds above prior swing support and hasn’t violated the breakout structure.

The rejection mark indicates where downside continuation WOULD invalidate the bullish setup, but price action remains constructive thus far.

Overhead, the most significant resistance sits between $2.18 and $2.25, where the 3-month VWAP and declining higher-timeframe VWAP bands converge.

This cluster represents a high-liquidity supply zone, and a clean push through it would likely accelerate momentum toward heavier resistance near the 12-month VWAP around $2.48-$2.52.

Overall, indicators suggest that XRP is attempting to FORM a higher low after a trend-reversal breakout.

Provided price holds above the $1.95-$2.00 support band, the bias favors continuation higher, with a gradual move toward $2.18-$2.25 as the next objective.

Sustained acceptance above that range would significantly strengthen the bullish case toward $3.00, while a breakdown below $1.95 would signal a corrective move and that further consolidation is needed before any sustained upside.

Maxi Doge Presale Raises $4.5M to Position for XRP Rally

If XRP reclaims the $3.00 level and resumes its bullish rally, presale projects like Maxi DOGE (MAXI) would attract capital from investors seeking high ROI opportunities.

Maxi Doge is an early-stage memecoin following the Dogecoin playbook that helped it surge over 10x during the 2023-2024 breakout rally.

The presale project has established an alpha channel to help traders exchange insider tips and share trade ideas, mirroring the early days of Dogecoin.

Maxidoge Banner

The MAXI presale has already raised over $4.5 million and offers 70% annual staking rewards for early participants at the currentprice.

To buy early before price increases, visit the official Maxi Doge website and connect a crypto wallet like Best Wallet.

You can pay with existing crypto like USDT and ETH, or use a bank card to complete your purchase immediately.

Visit the Official Maxi Doge Website Here

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