XRP has returned to the spotlight after recent price action hinted at a possible trend shift. Traders watched closely as the asset attempted to break free from a prolonged period of compression, raising expectations of a bullish continuation. However, as momentum stalled, uncertainty replaced optimism, placing XRP at a decisive short-term crossroads.
That caution was underscored by CRYPTO CAPTAIN, who shared a one-day XRP/USD chart from Bitstamp on X and flagged the current setup as critical. His analysis focuses on whether XRP can reclaim bullish control before the daily close, warning that failure could open the door to a deeper pullback.
Breakout Attempt Meets Immediate Resistance
The chart shows XRP trading within a descending triangle that formed from late 2025 into early 2026. This pattern reflects sustained selling pressure, with lower highs pressing against a relatively stable support base. XRP recently pushed above the descending trendline, signaling a potential breakout and briefly improving sentiment.
#XRP had a breakout now looks like retest is happening. But if the price won't turn bullish before the end of the day then unfortunately #XRP will drop below 1.80$ pic.twitter.com/hcjh3BbQBf
— CRYPTO CAPTAIN (@UniverseTwenty) January 8, 2026
Price action quickly lost strength. XRP pulled back toward the former trendline, initiating a retest of the breakout zone. Retests often validate breakouts when buyers defend key levels, but they can also signal exhaustion when demand fails to appear.
Support at $2.00 Holds the Line
CRYPTO CAPTAIN highlighted a critical support zone between $2.00 and $2.05, now acting as XRP’s primary short-term anchor. Bulls must defend this area to keep the breakout narrative alive. A strong reaction from this zone could allow XRP to stabilize and attempt another push higher.
If buyers fail to protect this range, the technical structure weakens quickly. The chart identifies $1.80 as the next major support level. A daily close without a bullish reversal increases the likelihood of a move toward that level, reinforcing bearish short-term momentum.
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— TimesTabloid (@TimesTabloid1) June 15, 2025
Overhead Resistance Limits Upside
Even if XRP stabilizes, resistance remains firmly overhead. The chart marks upside levels extending toward $2.80, where prior selling pressure intensified. XRP must reclaim higher levels with strong volume to confirm a sustained trend reversal and invalidate the broader descending structure.
Without that confirmation, upward moves risk becoming temporary relief rallies rather than the start of a new impulse leg.
Why Today’s Close Matters
The significance of CRYPTO CAPTAIN’s warning lies in timing. The daily close will determine whether the recent breakout attempt matures into a confirmed move or fades into a failed signal. In the short term, XRP’s direction depends less on speculation and more on whether bulls can deliver a decisive response.
As the session nears its end, the market awaits clarity.
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 urged to do in-depth 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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