🚀 XRP to $3 by January? Don’t Hold Your Breath, But Here’s How! 😅

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Oh, the marvellous world of Ripple [XRP]! Just when you thought it was about to soar like a golden pheasant, it decided to take a nosedive, shedding 14% in under six days. 🪂 And this, my dear readers, after a feverishly bullish start to January, where it rallied 32.3% in five days. What a rollercoaster, eh? Now, the bulls are scratching their heads and wondering – can XRP reach $3 by the end of January? 🧐

Well, it’s not as impossible as finding a golden ticket in a Wonka Bar, but it’s close. A recent AMBCrypto report (those clever beans) highlighted how whale accumulation and reduced selling pressure from profit-taking meant the bulls were still in control. 🐳 But control, as we all know, is a slippery fish. 🦈

If the $2 level remains in the buyers’ grasp (fingers crossed, toes crossed, everything crossed! 🤞), then the $3 target might just be within reach. But let’s not get ahead of ourselves, shall we?

XRP: Long-term weakness or growing bullish intent? 🤔

The 1-week chart, a thing of beauty and confusion, shows XRP gravitating back to the $1.86-$2.22 demand zone. The bulls have defended this zone since December 2024, like knights guarding a castle. 🏰 Whale accumulation has picked up, which is as good a sign as finding a four-leaf clover in your garden. 🍀

Arguing the bearish case for XRP 🐻

Now, let’s not forget the bears, those grumpy old souls. The past week’s rejection from $2.40 was as pretty as a mud pie. 🥧 The long wick to the upside? That was the bulls getting a good old-fashioned spanking from the dominant bears. Ouch. 😣 This doesn’t bode well for a move toward $3 later this month. The RSI couldn’t climb back above the neutral 50, and the OBV was lurking near the December 2024 lows. Not exactly a picnic, is it?

What needs to happen for XRP to achieve $3 in January? 🌟

XRP has a bullish structure, but its OBV is stuck in a bearish spiral. It’s like trying to dance a waltz with two left feet. 💃 Not exactly inspiring confidence, is it? A continued descent below $1.85-$1.90 would put severe stress on the bulls, and we all know what happens when bulls get stressed – they charge! 🐂

And let’s not forget the total market cap, which has slipped below a multi-year uptrend. At the time of writing, the former trendline support was being retested as resistance. It’s like trying to climb a ladder that keeps slipping. 🪜 This suggests that the recent altcoin momentum was just a temporary relief rally, not a sustainable uptrend. Bummer. 😔

For XRP to resume its rally, Bitcoin [BTC] needs to climb back above $94.5k and keep going until it smashes through the $100k psychological resistance. That’s like asking a snail to win a race against a cheetah. 🐌🐆 But hey, stranger things have happened!

Investors, my dear friends, should be prepared for XRP to be as bearish as a honey badger in the coming weeks. Based on the evidence, it’s not looking like a walk in the park. 🌳

Final Thoughts 🧠

  • The retest of the weekly demand zone and positive on-chain metrics suggest bullish potential. But remember, potential is just a fancy word for “maybe.” 🌱
  • A closer look at the 1-day chart and the total crypto market cap shows that XRP bulls could be headed for trouble if demand doesn’t step in. It’s like waiting for a bus that might never come. 🚌

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2026-01-12 16:24