XRP is showing mixed technical indicators as it faces crucial resistance and support levels. Investors are awaiting a breakout or a breakdown to establish the directionXRP is showing mixed technical indicators as it faces crucial resistance and support levels. Investors are awaiting a breakout or a breakdown to establish the direction

XRP Faces $1.5160 Barrier as Breakout Could Shift Market Direction

2026/02/09 20:00
3 min read

XRP is showing mixed technical indicators as it faces crucial resistance and support levels. Investors are awaiting a breakout or a breakdown to establish the direction of the next move.

At the time of writing, XRP is trading at $1.42, with a 24-hour trading volume of $4.96 billion and a market capitalization of $87.52 billion. The token has seen a modest 0.46% increase over the last 24 hours.

image.pngSource: CoinMarketCap

XRP Faces Key Resistance Before Market Breakout

Crypto analyst CRYPTOWZRD stated on February 9, 2026, that XRP is currently trading below daily resistance at $1.5160. A clear break above this resistance level could see the coin make some short-term gains. If XRP can clear the $1.5300 resistance, it could suggest a stronger bull trend and push XRP to $2.00.

image.pngSource: X

However, failure to hold the support at $1.30 may imply more downside risks. The movement of the XRP/BTC pair and the movement of Bitcoin are being observed.

The weekly candlestick shows a slightly bearish close for the coin. However, the long lower wick suggests that the market is experiencing buying interest. The XRP/BTC pair is experiencing a pin bar close, which is a bullish sign that the market might recover. The daily candlesticks are neutral.

The coin is currently trading within a narrow range. Holding its position above $1.4350 may aim to reach the next resistance level of $1.5300, and a failure to hold may find support around $1.2850. Investors are waiting to see a setup before entering new positions.

XRP Struggles Amid Weak Momentum

The momentum indicators show selling pressure is ongoing. The weekly RSI of XRP is at 31.37, which is below its signal line at 38.75. The price is below the main MA ribbon, which indicates that it is in a bearish trend. Major resistance points: 20 SMA at $2.10, 50 SMA at $2.36, and 100 SMA at $1.75. Long-term supports.

Source: TradingView

The MACD is at -0.25593, which is below the signal line at -0.17769. The histogram shows that it has a value of -0.07824. This indicates that the pressure continues to be downward unless the MACD flattens or goes up.

Also Read | Cardano (ADA) Eyes $0.33 Resistance: Is a Breakout on the Horizon?

XRP Eyes Short-Term Trend

The price of the coin is at a critical point, with a break above or below $1.5160 possibly creating a major trading opportunity in the short term.

The price is expected to make a major move above or below $1.5160, which could determine the trend in which it moves in the short term. The short-term trading setups revolve around the price action in a single day, depending on the Bitcoin market.

Also Read | VIRTUAL Tests $0.58 Support: Could It Bounce to $0.73 or Slide to $0.40?

Market Opportunity
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