Market Overview: XRPJPY Under Pressure Amid Volatile 24-Hour Move

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Sunday, Jan 18, 2026 10:56 am ET1min read
XRP
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AMP
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Aime RobotAime Summary

- XRPJPY fell to 324.24 Yen after breaking below key 327.8 support, with bearish engulfing patterns and a doji signaling momentum shifts.

- RSI entered oversold territory while MACD remained negative, and Bollinger Bands showed price near the lower band, hinting at potential short-term bounce.

- Volatility spiked during 18:00–20:00 ET with 104,000

XRP
traded, confirming bearish momentum as price remained below 50D/200D moving averages.

- Fibonacci retracements highlight 326.1 as critical support, aligning with 50D/200D lines, with further downside likely if buyers fail to defend 326.6–325.0 levels.

Summary
• XRPJPY closed lower at 324.24 Yen after testing resistance near 329.8 and breaking below key support at 327.8.
• Momentum indicators show bearish divergence, with RSI entering oversold territory and MACD trending downward.
• Volatility expanded in early ET hours, with volume peaking during the 18:00–20:00 ET selloff.
• Bollinger Bands show price near the lower band, indicating potential for a short-term bounce.

The XRP/Yen pair traded on the XRPJPY ticker opened at 328.04 Yen on January 17 at 12:00 ET, reached a high of 329.8, touched a low of 324.24, and closed at 324.24 at 12:00 ET on January 18. Total 24-hour volume was 448,148.1

XRP
, with notional turnover of approximately 144,725,135.1 Yen.

Structure & Formations


The daily chart shows a bearish structure, with a clear breakdown below 327.8 support. On the 5-minute chart, key resistance levels include 328.8–329.8, and support zones around 327.8 and 326.6. A large bearish engulfing pattern formed near the high of 329.8, signaling a shift in momentum. A doji at 325.56 may hint at indecision ahead.

Moving Averages


On the 5-minute chart, price closed below the 20SMA and 50SMA, reinforcing bearish bias. Daily MAs show the 50D at ~326.5, 100D at ~327.8, and 200D at ~326.1. Price is currently below both 50D and 200D lines, suggesting ongoing bearish pressure.

Momentum & Volatility


The 14-period RSI hit an oversold reading of ~30, indicating potential for a short-term rebound. MACD shows a bearish crossover and remains in negative territory, with a declining histogram. Bollinger Bands have widened in the last 12 hours, and price is currently near the lower band, suggesting a possible mean reversion.

Volume & Turnover


Volume spiked during the 18:00–20:00 ET sell-off, particularly in the 18:00 to 20:00 ET timeframe, where nearly 104,000 XRP traded. Notional turnover exceeded 14.4 million Yen during this phase. The price and turnover appear to confirm bearish momentum, with no signs of divergence.

Fibonacci Retracements


Applying Fibonacci levels to the recent 5-minute move from 324.24 to 329.8, the 38.2% level is at ~327.3 and the 61.8% level at ~326.1. Price currently resides below both levels, suggesting further support testing ahead. On the daily chart, the 38.2% and 61.8% retracements align with the 50D and 200D lines, reinforcing the 326.1–326.5 cluster as a key watch level.

XRPJPY appears to be consolidating near the lower band of the Bollinger channel with RSI suggesting a potential bounce. However, the bearish MACD and breakdown below key support levels indicate that further downside could follow if buyers fail to step in above 326.1. Investors should closely monitor the 325.0 and 326.6 levels for signs of reversal or continuation.