XRP, RSI Divergence Indicates Market Turning Point and Important Support Levels

2026-01-13 08:59:47

Abstract generation in progress

Current XRP Market and Technical Signals

XRP is currently trading around $2.07, with RSI divergence forming on the daily chart. This technical signal is a bullish pattern also observed near the market bottom in 2022, indicating a potential trend reversal. Despite downward pressure on the price, the movement of RSI making higher highs is characteristic of this divergence.

On-Chain Indicators Reveal Changes in Market Structure

Analysis of blockchain data shows that long-term holders are changing their behavior. Specifically, there is a noticeable trend of holders reducing selling pressure, which increases the likelihood that this decrease in selling will support the price at the bottom. Market participants interpret this indicator as a positive sign and a potential source of rebound strength.

Key Price Levels and Market Participants’ Focus

Traders are closely watching the levels of $1.96 on the upside and $1.76 on the downside. If XRP can close above $1.96, the reliability of the RSI divergence will increase, possibly signaling a shift to a strong upward momentum. Conversely, if the price drops below $1.76, the current downtrend may continue, increasing the risk of further declines. Market participants are monitoring these levels as part of their trading decision-making process.

XRP-3.51%

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.