2026-01-15 14:22:41

XRP's performance today was a bit disappointing, falling 2.13% despite the overall market rally. But from another perspective, this actually gives us a good opportunity for a left-side entry.

Currently, the price has retraced to around 2.05, which happens to be the starting point of the previous strong rally, with solid technical support. Considering XRP's status as a veteran mainstream coin, once market sentiment recovers, the potential for a rebound is quite promising.

For traders seeking steady returns, the risk-reward ratio at this position is indeed attractive:
• Entry Range: 2.05-2.08
• Stop Loss: 1.95
• First Target: 2.25
• Second Target: 2.40

A 20% profit target is not difficult to achieve at this support level.

XRP-2,73%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes

Reward
10
5
Repost
Share

Comment

0/400

GasFeeCryBaby

· 22h ago

Left-side bottom-fishing expert, this wave at 2.05 is indeed a bit tempting. As for XRP's decline... don't be fooled by its current underperformance. Once Bitcoin leads the way, you'll understand.

View OriginalReply0

JustHereForMemes

· 22h ago

Damn, XRP's drop is really crazy. The whole market is going up, but it’s falling instead. It’s hilarious to me. Honestly, I think the 2.05 level is fine, I just don’t dare to go all in, brothers. I’ve heard about the short-term rebound too many times, but the result... still depends on the market’s mood. 20% target? Just thinking about it is enough haha. Breaking even would be a blessing. This support level is really solid. I agree with the previous starting point, but I feel like we need to wait a bit more. Just consider it as picking up a bargain. Anyway, I have nothing else to do.

View OriginalReply0

consensus_whisperer

· 23h ago

Lackluster as it is, I think the 2.05 level actually has some significance. A pullback to the support level is a bullish signal. I believe this wave of catch-up can be sustained, and for mainstream coins, you just have to trust it.

View OriginalReply0

BanklessAtHeart

· 23h ago

2.05 at this level is indeed attractive; old coins still have rebound potential.

View OriginalReply0

Degen4Breakfast

· 23h ago

Well, XRP's recent situation is indeed a bit awkward, but on the other hand, it's not necessarily a bad thing. I think the 2.05 level is worth holding onto. The old coins still have some confidence.

View OriginalReply0