XRP Confirms Support at $2.18, Targets $2.58
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 08 2026- Support Confirmation: XRP confirms strong support near $2.18 after a clean retest, maintaining a bullish structure that indicates market confidence in a rebound, potentially attracting more buyers into the market.
- Wave Structure Analysis: Analysts suggest that the wave count indicates a push towards the $2.58 to $2.66 range, with a breakout above $2.70 potentially initiating a new upward trend, further solidifying its market position.
- Stable Trading Volume: XRP's trading volume exceeds $4.4 billion, reflecting steady activity despite a slight decline over the past 24 hours, while maintaining a weekly gain of over 19%, indicating sustained market interest.
- Technical Indicator Monitoring: Short-term indicators show cooling momentum, yet the market structure remains stable; if the price holds above the $2.13 to $2.18 support range, XRP could prepare for another upward move as broader market conditions improve.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
