XRP Price Prediction: Targets $2.40 by End of January as Technical Indicators Show Mixed Signals

XRP Price Prediction Summary

• Short-term target (1 week): $2.10-$2.40
• Medium-term forecast (1 month): $1.85-$2.70 range
• Bullish breakout level: $2.45
• Critical support: $1.90

What Crypto Analysts Are Saying About Ripple

Recent analyst sentiment on XRP remains notably bullish for the longer term, despite current price consolidation. Dominic Basulto provided two significant Ripple forecasts this week, stating on January 17th: “I’m predicting that XRP will hit a price of $4 this year, and here’s why.” He reinforced this optimism the following day, declaring “The world’s fourth-largest cryptocurrency is going to set a new all-time high and end the year trading above the $4 mark.”

VTrader.io offered a more conservative short-term perspective on January 14th, explaining that “Next week’s XRP price depends on short-term market structure, liquidity, and catalyst risk” with a base range projection of $2.10-$2.40 and potential bull extension to $2.45-$2.70 if resistance breaks with confirmation.

While specific analyst predictions beyond these remain limited, on-chain metrics suggest XRP is currently in a consolidation phase following recent volatility.

XRP Technical Analysis Breakdown

XRP’s current price of $1.96 presents a mixed technical picture that supports the cautious optimism expressed in recent analyst predictions. The RSI reading of 42.98 places Ripple in neutral territory, neither oversold nor overbought, suggesting room for movement in either direction.

The MACD histogram at 0.0000 indicates bearish momentum has stalled, while the MACD line at 0.0015 remains slightly positive. This configuration often precedes either a trend reversal or continued sideways movement.

Bollinger Bands analysis reveals XRP trading at 0.21 of the band width, closer to the lower band at $1.87 than the upper band at $2.30. The middle band (20-period SMA) at $2.09 serves as a crucial resistance level that aligns with the strong resistance identified at $2.06.

Moving averages paint a complex picture: while the 7-day SMA ($2.04) and 50-day SMA ($2.01) hover near current levels, the 200-day SMA at $2.56 suggests XRP remains well below its longer-term trend, supporting the bullish case for eventual recovery.

Ripple Price Targets: Bull vs Bear Case

Bullish Scenario

The bullish XRP price prediction centers on breaking through the immediate resistance cluster between $2.01-$2.06. Should XRP successfully clear this zone with volume confirmation, the next targets align with VTrader.io’s bull extension range of $2.45-$2.70.

Technical confirmation for this scenario would require RSI moving above 50, MACD histogram turning positive, and sustained trading above the 20-period SMA. The upper Bollinger Band at $2.30 represents an intermediate target before the more ambitious $2.45-$2.70 range.

Long-term bullish targets support Basulto’s $4.00 prediction, which would require XRP to reclaim and hold above its 200-day moving average at $2.56 as a first step toward new all-time highs.

Bearish Scenario

The bearish case for this Ripple forecast involves a breakdown below the strong support at $1.90, which could trigger VTrader.io’s bear extension scenario targeting $1.85-$2.00. The lower Bollinger Band at $1.87 provides mathematical support for this downside target.

Risk factors include continued MACD weakness, RSI failing to hold above 40, and broader crypto market headwinds. A break below $1.85 could signal deeper retracement toward psychological support levels.

Should You Buy XRP? Entry Strategy

Based on current technical levels, the optimal entry strategy for XRP involves waiting for confirmation signals rather than immediate accumulation. Conservative buyers should consider entries on any dip toward the $1.90-$1.93 support zone, with stop-losses placed below $1.85 to limit downside risk.

Aggressive traders might consider buying on a confirmed break above $2.06 resistance, targeting the $2.10-$2.40 range identified by VTrader.io. This approach requires strict risk management with stops below $1.96 to protect against false breakouts.

For longer-term investors aligned with the $4.00 annual target, dollar-cost averaging between current levels and $1.90 support offers a measured approach to building positions while managing volatility risk.

Conclusion

This XRP price prediction suggests a near-term trading range between $1.85-$2.70, with the most probable outcome being consolidation in the $2.10-$2.40 zone over the next 2-4 weeks. The convergence of analyst targets around this range, combined with neutral technical indicators, supports a 65% confidence level in this forecast.

However, the longer-term Ripple forecast remains decidedly bullish, with potential for significant gains if XRP can reclaim key moving averages and break through established resistance zones. Traders should monitor the $2.06 resistance level closely, as a confirmed break could catalyst the next leg higher toward the ambitious $4.00 annual target.

This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency investments carry substantial risk, and past performance does not guarantee future results.

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