XRP has reached a decisive area on its monthly chart, one that has shaped its largest market moves in the past. Market observer Steph Is Crypto recently pointedXRP has reached a decisive area on its monthly chart, one that has shaped its largest market moves in the past. Market observer Steph Is Crypto recently pointed

XRP Price Hovers at Level That Defined 2018 and 2022 Market Cycles

2026/01/03 02:00
3 min read
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XRP has reached a decisive area on its monthly chart, one that has shaped its largest market moves in the past. Market observer Steph Is Crypto recently pointed out that XRP is hovering right at the monthly Trend Ribbon, a long-term indicator that filters whether momentum favors buyers or sellers.

When price holds above this ribbon, XRP has historically remained in a bullish phase. When it loses that level, a deeper weakness follows. In 2018, XRP dropped nearly 65% after slipping below the Trend Ribbon, confirming a broader bearish cycle rather than a temporary pullback.

A similar setup appeared in 2022, when rejection near the ribbon led to another decline of around 54%. In both cases, price stayed below the ribbon for months, showing sellers had firm control.

Source: X

The difference in this cycle is that XRP has managed to regain possession of the Trend Ribbon with its move from 2024 to 2025 and has managed to stay above it ever since.

This trend ribbon is presently trending upwards, which is indicative of increased strength as opposed to a weakening rebound. There also seem to be higher lows on a monthly chart.

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

$1.80 Zone Emerges As Macro Support

Structurally speaking, the region between $1.80 and $2.00 is now extremely important. Note that this region corresponds with the current location of the monthly ribbon and constitutes a macro-level point of support.

As long as XRP maintains its monthly closes above the current region, the following historical trends are expected to continue instead. The bear phases from previous cycles were validated only after prolonged periods of XRP prices below the ribbon. This did not happen in this cycle.

Although volatility is an intrinsic attribute of XRP prices, its failure to break decisively may imply that it leans more towards an expansion phase and not a correction phase.

XRP Short-Term Charts Show Consolidation and Pressure

Looking ahead to 2026, it’s harder to be optimistic over shorter periods of time. On the two-day chart, XRP is currently trading around $1.88 as it is still in the correction phase after it was not able to sustain the earlier momentum. The price of XRP is currently in a descending channel.

The $2.10 to $2.30 area is a major resistance. Until this area is broken, it is difficult to move up. Support below $1.75 to $1.80 has been a major point. A breakdown in this area could cause a fall to $1.50.

Source: Tradingview

It’s clear that momentum indicators are reflecting this situation. RSI values are currently at around 39, which indicates that demand is weak, but MACD also remains in the negatives, which indicates that selling momentum has slowed down. This puts XRP at a crossroads.

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

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