Ripple (XRP) Hits Key Level as Analysts Warn of Pullback

XRP is trading near $2.10, and analysts say a rejection at $2.26 could trigger a drop to $2.03 or lower if key support levels are broken.

Ripple’s native cross-border token is approaching a technical resistance level that may determine its short-term path. After creating a correction structure for the book, analysts are focused on the $2.26 price area. If the asset fails to move above this level, a deeper decline may follow.

Technical Pattern Points to $2.26 as Key Level

According to crypto analyst CasiTrades, XRP is currently making an ABC correction pattern for the book. Wave A reached the 0.382 Fibonacci retracement near $2.23. This was followed by a pullback to $2.11, completing wave B. The pattern now appears to be entering Wave C.

CasiTrades explains,

“If this is indeed a Wave 2 correction, we should see price rejection near the .618 retracement around $2.26.”

A clean rejection from this level may indicate the beginning of a decline. This would place $2.11 and $2.03 as the next support, with the proposed Wave 3 heading towards $1.65. The commentator also noted, “Wave 2 cannot make a new high above $2.41,” which means any move above that level would break the bearish setup.

At press time, XRP is trading at $2.10, with a 24-hour volume of more than $4 billion, according to CoinGecko. It is down 2% in the last 24 hours and about 1% in the last 7 days.

Technical indicators show that the RSI is holding close to 61. This suggests room for further price movement before reaching overbought conditions. With remaining volume high, traders are waiting to see if XRP will approach and react to the $2.26 level. That answer may explain near-term trends.

Bearish Target and Other Conditions

EGRAG CRYPTO has yet again experienced a potential downturn. They say,

You may also like:

“If we stay in the same building area as the previous cycles … we can still get: ~ 31% decline, ~ 47% decline.”

This projection places potential downside targets in the $1.40–$1.20 range. However, EGRAG added,

“Long term, there is nothing wrong with the fundamentals or structure of XRP.”

In addition, a separate weekly chart from Ali Martinez shows a recent sell signal. This follows a long-standing buy signal from earlier this year.

Despite the temporary warning, the center’s activities are still there. Ripple has received the first e-money license approval in Luxembourg and is applying for a Crypto Asset Service Provider license under MiCA rules in the EU.

🇱🇺 @Ripple is pursuing an EMI license in Luxembourg as part of its MiCA strategy to expand regulated payments across the EU.

The process is ongoing and will allow Ripple to offer services throughout the EEA once approved. pic.twitter.com/J77Uohox47

– CryptoPotato Official (@Crypto_Potato) January 14, 2026

XRP-pegged exchange-traded funds recorded more than $10 million in inflows on January 14, bringing total inflows to nearly $1.26 billion (per SoSoValue data). Meanwhile, the XRP exchange supply has dropped to less than 2 billion tokens, from more than 4 billion in late 2025.