2026-01-16 18:20:23

XRP is currently showing weak price performance, and it will take some time to adjust in the short term. The $1.96 level is a key support, with minor resistance above it in the $2.104-$2.16 range. In the next few trading sessions, we may see a rebound, which should be the second wave according to wave theory.

XRP-0,67%

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ForkMonger

· 11h ago

wave two copium again? lmao, xrp's governance model is basically begging for a protocol fork at this point. 1.96 support means nothing if the actual economic incentives are fundamentally broken.

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GateUser-9f682d4c

· 14h ago

Whether $1.96 can hold is still uncertain; it seems the rebound isn't very promising.

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defi_detective

· 14h ago

If 1.96 can't hold, we might have to look at lower levels.

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MysteryBoxAddict

· 14h ago

Can this level at 1.96 hold? It feels uncertain.

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BearMarketMonk

· 14h ago

Wave Theory Second Wave? Haha, it's the same old spiel. Every cycle, someone is convinced to say these things, but history never follows the script. When 1.96 can't hold, support becomes just psychological comfort. The true bottom logic isn't about price levels; it's about when market sentiment is completely extinguished.

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