2026-01-16 04:30:18

XRP's recent performance is worth paying attention to. The trading volume on the 30-minute K-line suddenly surged by 46%, and the current price remains stable around 2.0659 USDT.

From a technical perspective, the 2.055 level is a key support on the 1-hour chart, only 0.94% away from the current position. Further below, there is a support zone between 2.038 and 2.055 as a buffer. A sharp increase in volume usually indicates that the market is about to start, and at this time, bullish opportunities are often right in front of you.

If you want to participate, you might consider placing a buy order near 2.055, with a take-profit target at the resistance level of 2.1317. Whether the trading volume can continue to expand is crucial for judging the subsequent trend, so it’s worth closely monitoring XRP’s next movements.

XRP-6,4%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

17 Likes

Reward
17
9
Repost
Share

Comment

0/400

ChainChef

· 01-19 03:09

ngl the recipe's looking spicy rn but i'm not about to serve this dish half-baked... volume spike got my attention though, that's the real seasoning here

Reply0

GmGmNoGn

· 01-16 22:48

Trading volume soars by 46%. Is this another fake pump? I'm a bit hesitant to jump in.

View OriginalReply0

BlockchainDecoder

· 01-16 05:00

From a technical perspective, the underlying logic behind this surge in trading volume is quite intriguing. Research shows that a simple increase in trading volume does not necessarily indicate a market trend initiation; it depends on whether it is driven by genuine funds. It is worth noting that the support level at 2.055 is close at hand, but the key is whether it can hold without breaking.

View OriginalReply0

ReverseTrendSister

· 01-16 04:59

I'm tired of the phrase "trading volume surging." Every time, they say it will trigger a rebound, but the result is a worse drop. I'll wait until it drops to 1.9 before getting in.

View OriginalReply0

WalletManager

· 01-16 04:53

The recent surge in trading volume is quite interesting. The support at 2.055 has been under my close watch for a while, but honestly, whether it can break through depends on the whales' chip movements on the chain.

View OriginalReply0

SoliditySlayer

· 01-16 04:50

Trading volume surged by 46%. The pace is quite intense, but whether XRP can break 2.1317 still depends on whether the subsequent momentum can keep up.

View OriginalReply0

MysteryBoxAddict

· 01-16 04:46

It's starting to surge again. This time, can it avoid crashing the market?

View OriginalReply0

WalletInspector

· 01-16 04:40

The 46% surge in trading volume is a signal that I don't think can be judged just on the surface; we need to see if it can really be sustained.

View OriginalReply0

GigaBrainAnon

· 01-16 04:34

Trading volume surges by 46%? Uh, is this really happening or are we about to get chopped again, haha