Market Overview for XRP/Tether (XRPUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Jan 9, 2026 1:24 pm ET1min read
XRP
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Aime RobotAime Summary

- XRP/USDT traded between $2.10–2.17, consolidating near 2.12–2.14 amid a bullish engulfing pattern and elevated volatility.

- RSI briefly hit overbought levels above 60 but failed to confirm a breakout above 2.150, signaling potential bearish pressure.

- Volume surged to 9.1M

XRP
near 2.165–2.17 before sharp declines, while price hovered near 50-period moving averages at 2.130–2.135.

- Key support at 2.120–2.125 and resistance at 2.145–2.150 remain critical, with a 61.8% Fibonacci level at 2.130–2.135 acting as a pivot zone.

Summary
• Price swung between 2.10 and 2.17, consolidating around 2.12–2.14.
• A bullish engulfing pattern emerged in early ET hours amid rising volume.
• RSI showed overbought conditions briefly, but momentum failed to confirm.
• Turnover surged near 2.165–2.17, then dropped during consolidation.
• Volatility remained elevated as price hovered near 50-period moving average.

XRP/Tether (XRPUSDT) opened at 2.1179 on 2026-01-08 at 12:00 ET, reached a high of 2.1689, a low of 2.0727, and closed at 2.1318 as of 12:00 ET on 2026-01-09. Total volume traded was approximately 24.1 million

XRP
, with notional turnover of around 51.1 million USD during the 24-hour period.

Structure & Formations


Price formed a bullish engulfing pattern just before 16:00 ET as the pair closed above the previous bar’s range, hinting at a short-term reversal from a downtrend. Key support levels formed around 2.120–2.125, while resistance remained at 2.145–2.150. A bearish doji appeared near 2.145, signaling indecision.

Moving Averages


On the 5-minute chart, price hovered near the 20- and 50-period moving averages, which converged around 2.130–2.135, suggesting a potential pivot zone. On a broader scale, daily moving averages (50/100/200) are not provided in the input, but the 50-period line appears to act as a dynamic support near 2.125–2.130.

MACD & RSI


MACD showed a weak positive crossover as momentum picked up during the late ET hours, but it failed to hold above the zero line, indicating mixed signals. RSI reached overbought levels briefly above 60, but failed to confirm a strong breakout above 2.150, suggesting bearish pressure may return.

Bollinger Bands


Bollinger Bands displayed a moderate expansion during the 16:00–18:00 ET period as price tested the upper band before retracting. Current volatility appears elevated, with price sitting near the middle band, suggesting continued consolidation is likely.

Volume & Turnover


Volume spiked to over 9.1 million XRP near 2.165–2.17, coinciding with a high of the day. However, turnover dropped sharply as price pulled back, indicating a lack of follow-through buying pressure. A divergence appeared between volume and price around 03:00–05:00 ET, hinting at potential bearish reversal.

Fibonacci Retracements


A key 61.8% Fibonacci retracement level formed near 2.130–2.135, which price has held above for most of the session. A break below 2.125 could trigger a test of the 38.2% level at 2.115–2.117, offering potential short-term support.

Market participants may watch for a decisive move above 2.145 or a breakdown of 2.120 in the coming 24 hours. While the bullish engulfing pattern suggests potential for a rally, a lack of follow-through momentum could see price revert to prior ranges. Investors should be cautious of increased volatility and potential divergence between volume and price.