XRP continues to trade inside a clean descending channel that has guided price action since the mid-2025 peak. This phase reflects cooling momentum rather than XRP continues to trade inside a clean descending channel that has guided price action since the mid-2025 peak. This phase reflects cooling momentum rather than

XRP Defends Critical Support While $2.30 Emerges as Make-or-Break Zone

2026/01/06 14:30
3 min read
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XRP continues to trade inside a clean descending channel that has guided price action since the mid-2025 peak. This phase reflects cooling momentum rather than a collapse in structure.

EGRAG CRYPTO points out that the price behavior resembles a controlled correction, where sellers are active but not aggressive. The repeated respect for both the upper and lower boundaries of the channel supports this view, showing discipline rather than panic.

Price has lately bounced off the area around $1.70 to $1.75, which represents a traditional area of long-term support. The bounce was right on target, as buyers materialized right on the spot where support was anticipated.

There were several candles that showed long, lower wicks. This is a very typical indication of the fact that the attempts to break down are being absorbed.

The moving averages provide more information on the pattern. The 21 and 50 EMAs are still below the higher-timeframe averages, which verifies the fact that XRP is still in the process of correction.

Yet, it’s trying to touch the 21 EMA, which is the first indication of transient strength. Also, the 100 EMA is still below the price, acting as support, whereas the 200 EMA is much below.

Source: X

Also Read: XRP Hits Fear Zone, Traditionally Favoring Price Rallies

The $2.30 Barrier and the Path Higher for XRP

The most significant level on the chart is located around $2.30. This region represents the top of the falling channel and the former resistance area. Breaking through this region with a successful re-test indicates a significant shift in momentum.

Based on the structure analysis from EGRAG CRYPTO, a breakout may open the path towards the $3.10-$3.30 area where former sources of liquidity and supply reside.

Unless this level is recaptured, any upside moves should be viewed with caution. Any moves above $2.30 are still corrective in nature, pending confirmation of trend reversal. On a probability basis, the structure now favors an upside resolution.

Lower-Timeframe Strength Meets Higher-Timeframe Risk

On lower time frames, the behavior of XRP has been positive. CrediBULL points to a triple tap pattern, which facilitated the movement towards the local highs of the range.

Source: X

The 4-hourly chart indicates strong demand formation around the $1.82 to $1.78 area, where the price was anchored more than once before a further increase. From the range bottom, XRP recovered the 50% level around $2.05.

Also Read: XRP Approaches Make-or-Break Trend Ribbon, Long-Term Targets $5–$8

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