XRP trades near $1.91 as price presses against a well-defined selling wall on the chart.
Net buying is still visible, and it has helped to reinforce lower lows in the downward channel structure.
The second significant resistance level is the one that is close to the level of $2.30, according to the levels established within the TradingView chart.
XRP (XRP) traded near the $1.91 level during the latest session, according to the latest data . Price action shows XRP approaching a clearly defined selling wall that has capped upside attempts in recent days. This area coincides with a descending channel that has guided price movement since the early January peak.
However, recent candles show compression near the upper boundary of that channel. It is interesting to note that during this reduction there was steady net buying activity. Consequently, the market structure will now be characterized by a slow decline in downside momentum.
In this regard, traders will be keen on the interaction of XRP with resistance areas around.
Chart data highlights a prominent resistance zone near the $2.00 region, marked by repeated price rejections. This zone aligns with visible sell pressure that has limited short-term advances. However, price has continued to test this level without sharp pullbacks.
$XRP looks like to break through the selling wall soon.
Net buying remains strong, and the trend is reversing.
If this sell wall is broken, the price could continue rise to $2.3. pic.twitter.com/wKippkMmmj
— CW (@CW8900) January 28, 2026
It is worth noting that the behavior was not similar to the previous rejections experienced prior to the downtrend. Meanwhile, the intersecting point of the upper trendline of the descending channel is now drawing close to the present price. This overlap concentrates technical attention on a narrow price band. As XRP trades within this range, market participants monitor order flow closely.
Alongside resistance pressure, volume data reflects steady net buying during recent sessions. Green volume bars appear more frequently near the lower channel boundary.
This activity supported a rebound from the $1.80 support zone highlighted on the chart. Following that rebound, XRP printed higher lows within the channel structure. Notably, this pattern marks a shift from earlier lower lows.
As price stabilized, short-term momentum indicators began to flatten. This transition provides context for the current consolidation phase. With resistance still intact, XRP continues trading below the next highlighted zone near $2.30. This level appears as a marked resistance area on the chart. If price clears the current selling wall, this zone becomes the next visible reference.
Meanwhile, downside structure remains defined by support near $1.80. Price action between these levels maintains a controlled range. As a result, attention remains fixed on the immediate resistance interaction. This setup frames XRP’s current position within clearly defined technical boundaries.
Related Articles
Analyst Says XRP Is ‘Criminally Undervalued’ as RSI Drops
Japan XRP Payment Rumors Ignite Massive Market Speculation
XRP Network is On Fire: Why Daily Transactions Just Tripled to a Massive 3 Million
The Math Behind XRP Price Hitting $1,000+: Analyst Breaks Down the Numbers
Giá XRP phục hồi mạnh mẽ đã kích hoạt đợt tăng đòn bẩy 10%: Liệu sự lạc quan thái quá có đang trở nên rủi ro?