XRP is currently in an intriguing position, as the asset recently bounced off a crucial support level. Crypto analyst ChartNerd (@ChartNerdTA) shared a chart focusing on that zone and its potential impact on XRP. According to the analyst, staying above this multi-month reaccumulation support is a bullish move.
Chart Structure and Support
The chart shows XRP holding a horizontal support zone near the $2 area. Its price has revisited this band multiple times across several months. Each test attracted demand, and candles continue to close above the zone even after notable dips. That behavior shows active participation from buyers.
The bullish structure remains intact as long as this level holds. ChartNerd reinforces this view by stating that traders should “Trade the market you have, not the market you want”. His focus stays on observable structure.
📣 $XRP above its Multi-Month Reaccumulation Support is bullish. Trade the market you have, not the market you want – the structure remains in the bulls hands, for now 🐂 pic.twitter.com/M4SKVyckQE
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) January 11, 2026
XRP’s Trend Behavior
XRP rallied to an all-time high of $3.65 in July 2025, but entered a controlled pullback. The decline respected the prior structure instead of accelerating lower. Momentum slowed as the asset approached the support level. It remained around that level until the breakout in early 2026.
The absence of volatility in late 2025 suggests balance rather than stress. The current candle now shows a bounce after the latest test at the end of the year. Buyers defended the zone again, and this time they pushed the digital asset upward.
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Near-Term Price Path
The chart includes a projected path that starts with continued consolidation above support. Sideways movement allows it to absorb supply. The chart suggests a push toward $2.5. From there, a higher move could target much higher levels. According to ChartNerd, the bulls are in control, and the structure remains intact.
Market participants now monitor daily and weekly closes relative to the reaccumulation zone. Acceptance above support keeps control with bulls. Failure to reclaim lost ground would alter the structure, but that scenario is less likely as the asset is already building momentum.
ChartNerd keeps the message grounded in price behavior. XRP continues to trade above a level that has mattered for months. For now, that fact defines the trend. As long as its price respects this area, the market retains a constructive posture. Attention stays on how the price responds during future tests.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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