XRP Market Update and Setup Friday 1/16/2026
- Simple Trader
- 18 hours ago
- 2 min read
XRP and XRPBTC are both trading indecisively.
XRPBTC needs to turn bullish from its current location to support upside continuation in XRP. A move toward the 0.0000210 BTC support is still possible before a more constructive reversal develops. Bitcoin dominance will remain the primary driver of that move.
XRP itself is trading within a tight range. A pullback toward the $2.0000 support followed by a clear rejection would provide the conditions for a bullish rally toward $2.2700 and potentially higher.
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