XRP is showing mixed technical indicators as it faces crucial resistance and support levels. Investors are awaiting a breakout or a breakdown to establish the directionXRP is showing mixed technical indicators as it faces crucial resistance and support levels. Investors are awaiting a breakout or a breakdown to establish the direction

XRP Faces $1.5160 Barrier as Breakout Could Shift Market Direction

2026/02/09 20:00
3 min di lettura
Per feedback o dubbi su questo contenuto, contattateci all'indirizzo crypto.news@mexc.com.

XRP is showing mixed technical indicators as it faces crucial resistance and support levels. Investors are awaiting a breakout or a breakdown to establish the direction of the next move.

At the time of writing, XRP is trading at $1.42, with a 24-hour trading volume of $4.96 billion and a market capitalization of $87.52 billion. The token has seen a modest 0.46% increase over the last 24 hours.

image.pngSource: CoinMarketCap

XRP Faces Key Resistance Before Market Breakout

Crypto analyst CRYPTOWZRD stated on February 9, 2026, that XRP is currently trading below daily resistance at $1.5160. A clear break above this resistance level could see the coin make some short-term gains. If XRP can clear the $1.5300 resistance, it could suggest a stronger bull trend and push XRP to $2.00.

image.pngSource: X

However, failure to hold the support at $1.30 may imply more downside risks. The movement of the XRP/BTC pair and the movement of Bitcoin are being observed.

The weekly candlestick shows a slightly bearish close for the coin. However, the long lower wick suggests that the market is experiencing buying interest. The XRP/BTC pair is experiencing a pin bar close, which is a bullish sign that the market might recover. The daily candlesticks are neutral.

The coin is currently trading within a narrow range. Holding its position above $1.4350 may aim to reach the next resistance level of $1.5300, and a failure to hold may find support around $1.2850. Investors are waiting to see a setup before entering new positions.

XRP Struggles Amid Weak Momentum

The momentum indicators show selling pressure is ongoing. The weekly RSI of XRP is at 31.37, which is below its signal line at 38.75. The price is below the main MA ribbon, which indicates that it is in a bearish trend. Major resistance points: 20 SMA at $2.10, 50 SMA at $2.36, and 100 SMA at $1.75. Long-term supports.

Source: TradingView

The MACD is at -0.25593, which is below the signal line at -0.17769. The histogram shows that it has a value of -0.07824. This indicates that the pressure continues to be downward unless the MACD flattens or goes up.

Also Read | Cardano (ADA) Eyes $0.33 Resistance: Is a Breakout on the Horizon?

XRP Eyes Short-Term Trend

The price of the coin is at a critical point, with a break above or below $1.5160 possibly creating a major trading opportunity in the short term.

The price is expected to make a major move above or below $1.5160, which could determine the trend in which it moves in the short term. The short-term trading setups revolve around the price action in a single day, depending on the Bitcoin market.

Also Read | VIRTUAL Tests $0.58 Support: Could It Bounce to $0.73 or Slide to $0.40?

Opportunità di mercato
Logo XRP
Valore XRP (XRP)
$1.4017
$1.4017$1.4017
+0.17%
USD
Grafico dei prezzi in tempo reale di XRP (XRP)
Disclaimer: gli articoli ripubblicati su questo sito provengono da piattaforme pubbliche e sono forniti esclusivamente a scopo informativo. Non riflettono necessariamente le opinioni di MEXC. Tutti i diritti rimangono agli autori originali. Se ritieni che un contenuto violi i diritti di terze parti, contatta crypto.news@mexc.com per la rimozione. MEXC non fornisce alcuna garanzia in merito all'accuratezza, completezza o tempestività del contenuto e non è responsabile per eventuali azioni intraprese sulla base delle informazioni fornite. Il contenuto non costituisce consulenza finanziaria, legale o professionale di altro tipo, né deve essere considerato una raccomandazione o un'approvazione da parte di MEXC.

Potrebbe anche piacerti

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

The post Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC appeared on BitcoinEthereumNews.com. Franklin Templeton CEO Jenny Johnson has weighed in on whether the Federal Reserve should make a 25 basis points (bps) Fed rate cut or 50 bps cut. This comes ahead of the Fed decision today at today’s FOMC meeting, with the market pricing in a 25 bps cut. Bitcoin and the broader crypto market are currently trading flat ahead of the rate cut decision. Franklin Templeton CEO Weighs In On Potential FOMC Decision In a CNBC interview, Jenny Johnson said that she expects the Fed to make a 25 bps cut today instead of a 50 bps cut. She acknowledged the jobs data, which suggested that the labor market is weakening. However, she noted that this data is backward-looking, indicating that it doesn’t show the current state of the economy. She alluded to the wage growth, which she remarked is an indication of a robust labor market. She added that retail sales are up and that consumers are still spending, despite inflation being sticky at 3%, which makes a case for why the FOMC should opt against a 50-basis-point Fed rate cut. In line with this, the Franklin Templeton CEO said that she would go with a 25 bps rate cut if she were Jerome Powell. She remarked that the Fed still has the October and December FOMC meetings to make further cuts if the incoming data warrants it. Johnson also asserted that the data show a robust economy. However, she noted that there can’t be an argument for no Fed rate cut since Powell already signaled at Jackson Hole that they were likely to lower interest rates at this meeting due to concerns over a weakening labor market. Notably, her comment comes as experts argue for both sides on why the Fed should make a 25 bps cut or…
Condividi
BitcoinEthereumNews2025/09/18 00:36
Melania Trump humiliated her husband as he tries to outrun his decay: analysts

Melania Trump humiliated her husband as he tries to outrun his decay: analysts

First lady Melania Trump just handed President Donald Trump his biggest humiliation yet as the president tried to outrun his decay, according to two political analysts
Condividi
Rawstory2026/05/05 11:42
Peter Brandt Agrees: This COT Shift Could Be Bitcoin’s Biggest Bull Signal Since 2025

Peter Brandt Agrees: This COT Shift Could Be Bitcoin’s Biggest Bull Signal Since 2025

Peter Brandt backs a rare COT positioning flip in Bitcoin futures. McClellan says large specs turned net long with urgency. Is a rally coming? Three strikes. That
Condividi
LiveBitcoinNews2026/05/05 11:30

Starter Gold Rush: Win $2,500!

Starter Gold Rush: Win $2,500!Starter Gold Rush: Win $2,500!

Start your first trade & capture every Alpha move