hodler

16 Jan 2026, 14:47

Ripple’s XRP Bounce Loading? Key Indicators Flash Bullish Signal

Ripple’s native cross-border token is trading near key levels after retreating from the $2.13 zone. Price action has slowed, but signs from momentum indicators suggest a potential shift. Momentum Indicators Show Early Signals The 4-hour chart shows XRP still moving within a descending channel. It is holding inside this structure, with buyers responding near the lower boundary. The $2.00 area, labeled as a liquidity pocket, remains a level of interest. According to ChartNerd, “Price action is respecting the channel support and resistance.” The MACD histogram is showing signs of slowing bearish momentum. The bars are shrinking, which can point to an early shift. The Stochastic RSI has already made a crossover in the oversold zone. This pattern often appears before local reversals. ChartNerd also noted that the price may remain inside the channel until the $2 level is tapped, with a breakout or breakdown likely to follow. At press time, XRP is trading at $2.06, down more than 2% over the past 24 hours. Over the past week, it has lost 2% of value as well. Traders sold into strength near $2.13, locking in gains from the recent rally off the $1.80 level. XRP is now consolidating near support. Moreover, EGRAG CRYPTO shared a long-term view based on Elliott Wave theory. The chart shows XRP completing Waves (1) through (3), now sitting in a Wave (4) correction. If the structure holds, Wave (5) may follow, which is usually where momentum expands. The chart also highlights repeating behavior from past cycles. The asset has pulled back into rising support zones before forming higher lows. These points, marked by white and green circles, have followed a consistent pattern. EGRAG wrote, “ That behavior is not weakness, it’s structure repeating ,” and pointed to a possible target range between $15 and $22. #XRP – The Chart Is Screaming, People Aren’t Listening ( $20): Focus on the white & green circles on the chart. That behavior is not weakness, it’s structure repeating. What’s happening there: Price pulls back into rising support (21 EMA zone) Momentum cools… pic.twitter.com/s1ldjuDNKH — EGRAG CRYPTO (@egragcrypto) January 16, 2026 Exchange Flows and ETF Inflows Support Demand XRP outflows from Upbit have increased again. CW8900 observed , “When XRP outflows from Upbit occurred, the price of XRP rose.” Similar movements were seen in late 2024. Exchange-held XRP has dropped below 2 billion tokens, down from over 4 billion late last year, showing lower sell-side pressure. Institutional interest remains steady. Spot XRP ETFs have attracted a combined $1.27 billion in inflows, according to SoSoValue data. On a day when the broader crypto market lost $47 billion in value, XRP ETFs still recorded $17 million in net inflows. The post Ripple’s XRP Bounce Loading? Key Indicators Flash Bullish Signal appeared first on CryptoPotato .

16 Jan 2026, 14:38

Dogecoin Price Poised for Massive Surge as RSI Indicator Resets, Analyst Says

Dogecoin appears poised for a significant price move, according to recent technical analysis from prominent cryptocurrency analyst Trader Tardigrade. The expert identified a recurring pattern on the asset's two-week chart that historically preceded major upward trends. The analysis centers on the Relative Strength Index (RSI), a momentum oscillator that tracks overbought and oversold conditions. According to Trader Tardigrade's January 16 post, Dogecoin's RSI has pulled back to levels that previously signaled the start of substantial rallies. ”Dogecoin RSI has retracted for the coming massive surge,” the analyst noted, drawing parallels to similar setups observed before the cryptocurrency's explosive movements in 2020 and 2021. Historical Pattern Emerges on Extended Timeframe The two-week chart reveals a compression phase taking shape. This period typically follows extended rallies and allows momentum indicators to cool before the next major move. The current RSI positioning mirrors accumulation zones from previous cycles that led to parabolic price increases. Source: X Dogecoin often experiences prolonged consolidation before breaking into aggressive uptrends. The digital asset spent months building support levels during past cycles before vertical rallies materialized. Similar characteristics appear in the current price action. Higher lows and decreasing volatility mark the present range. These technical features typically indicate accumulation. The chart structure shows buyers establishing positions while bearish pressure diminishes. Momentum indicators are beginning to curve upward from oversold territory. This shift suggests a potential transition from seller dominance to buyer control. The combination of these factors aligns with conditions observed before previous Dogecoin breakouts. Current Market Position and Price Action Dogecoin trades at $0.1378 at press time. The price reflects mixed performance across different timeframes. The cryptocurrency declined 4.68% over the past day and dropped 1.52% during the previous week. However, the monthly chart shows a 6.06% gain. DOGE’s price action over the past 24 hours (Source: CoinCodex) The recent pullback may represent a healthy correction within a larger bullish structure. Technical analysts often view such retracements as opportunities for late entrants or position accumulation. The price action suggests consolidation rather than trend reversal.