The post XRP Price Analysis for January 16 appeared on BitcoinEthereumNews.com. Sellers are more powerful than buyers at the end of the week, according to CoinStatsThe post XRP Price Analysis for January 16 appeared on BitcoinEthereumNews.com. Sellers are more powerful than buyers at the end of the week, according to CoinStats

XRP Price Analysis for January 16

Sellers are more powerful than buyers at the end of the week, according to CoinStats.

XRP chart by CoinStats

XRP/USD

The rate of XRP has dropped by 2% since yesterday.

Image by TradingView

On the hourly chart, the price of XRP is near the local support at $2.0530. If its breakout occurs, the decline may lead to the test of the $2.03-$2.04 range by tomorrow.

Image by TradingView

On the longer time frame, traders should focus on the nearest level at $2.0450. If the daily candle closes below it, the accumulated energy might be enough for an ongoing downward move to the $2 area. 

You Might Also Like

Such a scenario is relevant until the end of the week.

Image by TradingView

From the midterm point of view, the situation is rather more bearish than bullish. As the rate of XRP is far from key levels, one should focus on the nearest zone at $2. If bulls lose it, there is a high chance of seeing a test of the $1.80 range.

XRP is trading at $2.0462 at press time.

Source: https://u.today/xrp-price-analysis-for-january-16-1

시장 기회
리플 로고
리플 가격(XRP)
$2.0619
$2.0619$2.0619
+1.43%
USD
리플 (XRP) 실시간 가격 차트
면책 조항: 본 사이트에 재게시된 글들은 공개 플랫폼에서 가져온 것으로 정보 제공 목적으로만 제공됩니다. 이는 반드시 MEXC의 견해를 반영하는 것은 아닙니다. 모든 권리는 원저자에게 있습니다. 제3자의 권리를 침해하는 콘텐츠가 있다고 판단될 경우, [email protected]으로 연락하여 삭제 요청을 해주시기 바랍니다. MEXC는 콘텐츠의 정확성, 완전성 또는 시의적절성에 대해 어떠한 보증도 하지 않으며, 제공된 정보에 기반하여 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다. 본 콘텐츠는 금융, 법률 또는 기타 전문적인 조언을 구성하지 않으며, MEXC의 추천이나 보증으로 간주되어서는 안 됩니다.

추천 콘텐츠

Strive Finalizes Semler Deal, Expands Its Corporate Bitcoin Treasury

Strive Finalizes Semler Deal, Expands Its Corporate Bitcoin Treasury

Strive had finalized its acquisition of Semler scientific after securing the approval of shareholders earlier in the week. The final deal brought both firms’ Bitcoin
공유하기
Tronweekly2026/01/17 12:30
Why 2026 Is The Year That Caribbean Mixology Will Finally Get Its Time In The Sun

Why 2026 Is The Year That Caribbean Mixology Will Finally Get Its Time In The Sun

The post Why 2026 Is The Year That Caribbean Mixology Will Finally Get Its Time In The Sun appeared on BitcoinEthereumNews.com. San Juan, Puerto Rico’s La Factoría
공유하기
BitcoinEthereumNews2026/01/17 12:24
EUR/CHF slides as Euro struggles post-inflation data

EUR/CHF slides as Euro struggles post-inflation data

The post EUR/CHF slides as Euro struggles post-inflation data appeared on BitcoinEthereumNews.com. EUR/CHF weakens for a second straight session as the euro struggles to recover post-Eurozone inflation data. Eurozone core inflation steady at 2.3%, headline CPI eases to 2.0% in August. SNB maintains a flexible policy outlook ahead of its September 25 decision, with no immediate need for easing. The Euro (EUR) trades under pressure against the Swiss Franc (CHF) on Wednesday, with EUR/CHF extending losses for the second straight session as the common currency struggles to gain traction following Eurozone inflation data. At the time of writing, the cross is trading around 0.9320 during the American session. The latest inflation data from Eurostat showed that Eurozone price growth remained broadly stable in August, reinforcing the European Central Bank’s (ECB) cautious stance on monetary policy. The Core Harmonized Index of Consumer Prices (HICP), which excludes volatile items such as food and energy, rose 2.3% YoY, in line with both forecasts and the previous month’s reading. On a monthly basis, core inflation increased by 0.3%, unchanged from July, highlighting persistent underlying price pressures in the bloc. Meanwhile, headline inflation eased to 2.0% YoY in August, down from 2.1% in July and slightly below expectations. On a monthly basis, prices rose just 0.1%, missing forecasts for a 0.2% increase and decelerating from July’s 0.2% rise. The inflation release follows last week’s ECB policy decision, where the central bank kept all three key interest rates unchanged and signaled that policy is likely at its terminal level. While officials acknowledged progress in bringing inflation down, they reiterated a cautious, data-dependent approach going forward, emphasizing the need to maintain restrictive conditions for an extended period to ensure price stability. On the Swiss side, disinflation appears to be deepening. The Producer and Import Price Index dropped 0.6% in August, marking a sharp 1.8% annual decline. Broader inflation remains…
공유하기
BitcoinEthereumNews2025/09/18 03:08