The XRP price is trading near $1.89 at press time, with price action staying calm despite the attention around the asset. In Japan, an unverified report says XRP may be classified as a financial product in 2026, although there is still no official confirmation.
Meanwhile, Ripple has introduced AI-based tools on the XRP Ledger to improve cross-border payment routing. On top of that, some analysts believe the XRP price may be nearing the end of a long consolidation phase.
Despite all this, price action remains cautious. Traders are clearly waiting for the chart to show a stronger signal before committing either way.
What you'll learn 👉
What the Ripple XRP chart is showing
On the 4H chart, the price is still stuck in a broader corrective structure that began after the sharp sell-off earlier in the cycle. Since then, that decline has reflected on the market structure, and XRP has failed to move to higher prices.
Over the past weeks, it has been evident that the XRP price has been sideways within a relatively small range.
Additionally, it is notable that whereas prices were capped between the range of $1.88 to $1.90 on one end, prices were also capped between $2.02 to $2.05 for some time. But for now, prices are sitting in this range.
There was a quick push toward the mid-$2 range earlier in January, but it faded just as fast. That rejection showed that buyers are still lacking conviction when price moves higher.
What market indicators are saying
Trend strength remains weak. ADX sits near 21, which normally implies that the stock is not trending in any particular direction. Although the directional lines are a little bearish, they are not significantly apart.
This is an oversold reading in terms of Williams %R, as it often forms when price is located in short-term support with decreasing selling pressure.
On-balance volume is still negative and slightly heavy, which means that strong spot market demand has not yet returned. Also, ATR has fallen, which means that volatility has fallen and that the market is coiling, not expanding.
This group of indicators indicates that the XRP price is trying to gain energy rather than move in either direction yet.
Read Also: JasmyCoin (JASMY) Chart Signals a Potential Breakout as a Familiar Pattern Returns
XRP price short-term outlook for this week
The key support zone that investors can expect in the coming week is within the range of $1.90 to $1.85 netting out over an upward bounce towards the range of $2.02-$2.05.
Hence, if the XRP price manages to breach and hold above that region, the next targets would be in the region of $2.18 to $2.22, followed by $2.35 to $2.40.
As regards the downside, a clear break below $1.85 would reinforce a focus on the sellers. At this point in such a scenario, focus would turn to the first downside level, which is $1.75, and then subsequently the next main area, which is $1.62.
However, for this week, the likeliest option is the range-bound move between $1.85 and $2.05, whereas the move beyond $2.22 will represent a strong shift in short-term patterns, and a move below $1.85 will continue to present the XRP price in a corrective phase.
Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.
