XRP Locked at $2 Level for 14 Months, Crypto Analysts Hint at Big Breakout?

Updated

January 28, 2026

Gambar XRP Locked at $2 Level for 14 Months, Crypto Analysts Hint at Big Breakout?

Jakarta, Pintu News – The price of Ripple is back in the spotlight of cryptocurrency market players after being recorded moving in the same range for more than a year. Since entering the correction phase after the end of 2024, XRP has stayed around the level of USD 2 or equivalent to IDR 33,426.

This formed a technical consolidation zone that rarely lasts that long. The situation has fueled speculation that the crypto market is preparing for the next big move.

$2 Level is the Foundation of XRP Price

Technically, the price area around USD 2 or IDR 33,426 has served as a major support zone for XRP for about 14 months. The price broke below this level a few times, but the selling pressure was not able to last long. This suggests that there is consistent buying interest in the area. In technical analysis, patterns like this are often interpreted as accumulation phases.

After a strong rally that started in late 2024, XRP entered a relatively restrained correction phase. Instead of experiencing a sharp decline, the price is moving flat within a narrow range. This reflects a temporary balance between buyers and sellers. For the cryptocurrency market, long consolidation phases are often a precursor to significant trend movements.

Also read: Gold and Silver Collapse by $1.7 Trillion, an Early Signal that Bitcoin is Ready to Rise?

Negative Funding Rate and Historical Pattern

Data from Binance shows that XRP’s funding rate has been negative since December. A negative funding rate usually signals the dominance of leveraged short positions in the derivatives market. This means that more traders are betting on price declines than increases. This situation is often seen as potential fuel for a price rally.

According to Crypto.news, crypto analyst Darkfost highlighted the similarity of the current conditions to the pattern that occurred in April 2025. In that period, XRP was also near the bottom zone with a negative funding rate before finally experiencing a price reversal. Historical data also shows a similar scenario in August to September 2024. In both cases, short pressure was followed by a significant price increase.

Also read: Ripple Boss Releases 58.5 Billion XRP Since 2012, This Impacts Crypto Market!

Technical Resistance Still Looms

Although the support at the USD 2 level is relatively strong, XRP is still below important technical resistance zones. Analysts note the presence of a downtrend line and a horizontal resistance level that has yet to be broken. This area also intersects with Fibonacci retracement levels, which are often used to identify barriers to price movement. As long as the price remains stuck below this zone, the upside potential remains limited.

In terms of indicators, the weekly chart shows XRP is still trading below the 9-week Simple Moving Average (SMA). However, the Relative Strength Index (RSI) has formed a bullish divergence. This pattern indicates that the downward momentum is starting to weaken even though the price has not moved up significantly. In cryptocurrency analysis, this combination often signals an early change in trend.

To conclude, XRP’s 14-month consolidation at the same level is an important phenomenon in cryptocurrency analysis. Strong support, negative funding rate, and divergence signals open up opportunities for a breakout. However, the unbroken technical resistance remains a major obstacle. In the near term, XRP’s movement around the IDR33K level could potentially determine the direction of the next major trend.

Follow us on Google News to stay up to date with the latest in crypto and blockchain technology. Check Bitcoin price, usdt to idr and tokenized nvidia stock price through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading the Pintu crypto app via Play Store or App Store now. Also, experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference: