Key Insights
- •XRP forms 2026's first golden cross as the 23-day moving average crosses above the 50-day line.
- •Price stability above $2.03 and a close above $2.10 may push XRP toward the $2.35 resistance zone.
- •A sustained breakout could extend gains beyond $2.32, with $2.70 becoming the next technical target.
XRP has officially marked its first golden cross formation of 2026, signaling a shift toward a potential bullish trend. On January 13, XRP’s 23-day simple moving average moved above its 50-day average, a technical setup historically tied to upcoming price increases. The price is currently holding above the $2.06 level, as investors anticipate a short-term upside.
The immediate resistance zone is set between $2.28 and $2.35. This area aligns with XRP’s 200-day exponential moving average. Market analysts suggest that maintaining support above the $2.02 to $2.03 range, where the crossover occurred, is critical for sustaining upward momentum. A daily close above $2.10 could provide the necessary pressure to break the $2.35 resistance line.
Previous Pattern Points to Further Growth
The current golden cross setup follows a recent price move that took XRP as high as $2.40 earlier this month. Historically, similar patterns have resulted in double-digit rallies. During the last occurrence of a similar setup, XRP gained over 22% before peaking. A 13 percent rally from the current level would push the token toward $2.32.
If XRP manages to hold above the key moving averages and successfully breaks past the 200 EMA level, the next major resistance target is projected at $2.70. Technical indicators suggest that trend lines across short- and mid-term periods are all aligned upward, strengthening bullish sentiment.
Momentum Builds After Technical Confirmation
The confirmation of this crossover marks a crucial point for XRP in early 2026. The shift in technical indicators reflects improving market structure and growing confidence from buyers. Traders are now closely monitoring volume and price action to assess the strength of the breakout.