The post XRP Surges but Faces the $2.00 Hurdle appeared on BitcoinEthereumNews.com. // Price Reading time: 2 min Published: Jan 04, 2026 at 00:35 The XRP price The post XRP Surges but Faces the $2.00 Hurdle appeared on BitcoinEthereumNews.com. // Price Reading time: 2 min Published: Jan 04, 2026 at 00:35 The XRP price

XRP Surges but Faces the $2.00 Hurdle

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
// Price

Reading time: 2 min

Published: Jan 04, 2026 at 00:35

The XRP price has regained its bullish momentum, breaking above the 21-day SMA.

XRP long-term analysis: bullish


The cryptocurrency is approaching the next hurdle at the 50-day SMA, or resistance at $2.00. Currently, the price is above the 21-day SMA support but below the 50-day SMA barrier. If the price breaks above the 50-day SMA, the altcoin could rise to a high of $2.58.


However, if the upward trend stalls below the 50-day SMA, XRP will likely trade within a range for several days. If the altcoin falls below the 21-day SMA support, it will return to its previous range above $1.80. XRP is currently valued at $1.99.


Technical Indicators:  

XRP price indicators analysis


The cryptocurrency price is positioned between two moving average lines. The price of XRP is rising and approaching the 50-day SMA barrier. Both the 21-day and 50-day SMAs are trending downward. The cryptocurrency price is above the horizontal moving average lines. The XRP price will continue to rise as long as the price bars remain above the moving average lines.

What is the next direction for XRP?


The XRP price has resumed its upward trend above the moving average lines on the 4-hour chart. The upward movement has halted at $2.00. If XRP fails to rise above its recent high, it will trade above the moving average lines but below the $2.00 level.


Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.

Source: https://coinidol.com/xrp-surges-but-hurdle/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

BDACS Launches KRW1, South Korean Won-Backed Stablecoin, Marking Key Digital Asset Milestone

BDACS Launches KRW1, South Korean Won-Backed Stablecoin, Marking Key Digital Asset Milestone

BDACS launches KRW1, a won-backed stablecoin with strong institutional backing. Avalanche blockchain powers KRW1, ensuring high performance and security. KRW1 aims for diverse use cases in payments and remittances. BDACS has officially launched KRW1, a stablecoin fully backed by the South Korean won, after completing a proof of concept (PoC) that validated its technical infrastructure. This launch is a big move towards BDACS the company has incorporated fiat deposits and issuing of stablecoins as well as blockchain verification into an ever functioning and operational ecosystem. KRW1 will become an important participant in the market of digital assets, where the priority will be compliance with the regulation, openness, and scalability. The stablecoin is fully backed by South Korean won kept in escrow at the Woori Bank, which is the key participant in this project. It also allows for the verification of reserves in real time by means of an integrated banking API, which supports the stability and reliability of KRW1. This is what makes BDACS a unique solution to the problem of breaking the barrier between the old financial system and the digital economy due to its integration of conventional banking and blockchain technology. Also Read: Bitcoin’s Next Move Depends on $115,440: Here’s What Happens Next! Leveraging Avalanche Blockchain for Enhanced Security and Scalability For its blockchain infrastructure, BDACS has chosen the Avalanche network, which is known for its high-performance capabilities and security. Avalanche’s speed and reliability make it an ideal choice for supporting KRW1’s stablecoin operations, ensuring that they can scale effectively while maintaining the highest levels of security. The collaboration between BDACS and Avalanche underscores the company’s belief in utilizing cutting-edge blockchain technology to provide a safe and scalable solution to the digital asset exchange. Looking ahead, BDACS envisions KRW1 as a versatile stablecoin that can be used for various purposes, including remittances, payments, investments, and deposits. The company also intends to incorporate the use case of KRW1 into the public sector, as the company will be able to provide low-cost payment options in emergency relief disbursements and other basic services. This growth will assist in decreasing transaction charges and increasing accessibility to digital financial solutions. BDACS aims to make KRW1 a key component of South Korea’s burgeoning digital economy by making strategic commitments with Woori Bank and using the latest blockchain technology. The company is determined to play a pivotal role in shaping the future of stablecoins in the region. Also Read: Top Investor Issues Advance Warning to XRP Holders – Beware of this Risk The post BDACS Launches KRW1, South Korean Won-Backed Stablecoin, Marking Key Digital Asset Milestone appeared first on 36Crypto.
Share
Coinstats2025/09/18 21:39
Oil exporter status cushions MYR – Commerzbank

Oil exporter status cushions MYR – Commerzbank

The post Oil exporter status cushions MYR – Commerzbank appeared on BitcoinEthereumNews.com. Commerzbank analysts note that January industrial production rose 5
Share
BitcoinEthereumNews2026/03/13 07:56
Ghana Formalizes Crypto Sector With Structured Licensing Pathway

Ghana Formalizes Crypto Sector With Structured Licensing Pathway

The post Ghana Formalizes Crypto Sector With Structured Licensing Pathway appeared on BitcoinEthereumNews.com. Ghana’s Securities and Exchange Commission has launched
Share
BitcoinEthereumNews2026/03/13 08:22