Invest ideasNews
23 Jan 2026, 14:57
Ripple Breakout Watch: This XRP Pattern Signals $5 Target
Ripple’s token is trading around $1.91 at press time, with a 24-hour trading volume of over $2.3 billion. It has declined 2% in the past day and 8% over the last week. As traders monitor key support levels, new technical setups are gaining attention, including a chart pattern that may signal a move toward $5.00. Breakout Watch as XRP Forms Cup and Handle Analyst DrBullZeus shared a chart showing a large cup-and-handle pattern on the 2-week timeframe. This structure, forming over several years, shows a rounded base beginning in 2018 and a handle now developing below the all-time high of $3.65. The pattern is not yet confirmed. For it to trigger, the price must break above the $3.65 resistance. If that happens with strong momentum, the projected move would place XRP near the $5.00 mark. $XRP at some stage will be the biggest altcoin play in the market. This cup and handle pattern could target $5.00 pic.twitter.com/pHn3XECxhy — DrBullZeus (@DrBullZeus) January 23, 2026 Moreover, a separate view from ChartNerd focuses on a long-term ascending triangle. This setup features rising support and a flat ceiling near the same resistance level. XRP has formed higher lows since 2018 and is now testing the 20-month EMA, a trend level watched by many traders. ChartNerdTA said this point could define the next move. “Hold here… the sky becomes the limit. Lose the mark, we adjust our analysis,” they posted. While price stays above support, the structure remains intact. A drop below could shift the outlook. On a lower time frame, XRP appears to be forming a falling wedge. The setup includes a clear downtrend, with the price compressing between support and resistance. ChartNerd marked $1.80 as a key level to watch, calling it the “Defence Rail.” If XRP holds $1.80 and breaks above the wedge resistance, the pattern may lead to a short-term rebound. A projected move shows the asset moving back toward the $2 range if confirmed. Sentiment Weakens, But Volume Remains Aligned XRP has entered a zone of elevated fear, based on recent sentiment data. Retail traders have turned cautious, with a decline in bullish commentary. Historically, similar periods of pessimism have appeared near market turning points, although price recovery is not guaranteed. CryptoQuant observed a 0.61 correlation between price and net volume flows on Binance, as we previously reported . This suggests the price is still moving in line with actual trading activity. Meanwhile, XRP ETFs attracted $2.09 million in net inflows on January 22, according to SoSoValue. The post Ripple Breakout Watch: This XRP Pattern Signals $5 Target appeared first on CryptoPotato .
23 Jan 2026, 14:57
Cardano (ADA) Volume Collapses 43% as Price Falls Back to Multiweek Low
Cardano is on the radar as crucial metric enters meltdown phase, dampening price outlook.
23 Jan 2026, 14:51
Bitcoin rolls over as gold gets huge $23K price target by 2034
Bitcoin dropped further below $90,000 while gold and silver kept beating records, leading to a long-term price forecast of $23,000.
23 Jan 2026, 14:51
Cardano Rockets 10,327% in Futures Volume in Quiet Market Reset, What’s Next?
Cardano rockets 10,327% in futures volume, but current indicators on the market suggest more to watch out for.
23 Jan 2026, 14:47
Buying ether and Bitmine Immersion ahead of weekend a good bet: Standard Chartered
Increasing transaction activity on Ethereum and Tom Lee's continued buying bode well for the crypto, which has tumbled from 2026 highs in recent days, said Geoff Kendrick.
23 Jan 2026, 14:46
100% XRP Ledger Surge is All You Need to Know About Future of XRP
XRP Ledger saw a substantial surge on the market two months ago that turned into a proper fundamental shift we have all been waiting for.
