bullish

Taker

Spot

would

XRP’s (XRP) price may attempt a move toward $2.80 by month’s end if bullish technical setups continue to hold across multiple time frames.
Key takeaways:
<ul>
 <li>XRP technical chart setups converge on the $2.80 target.</li>
 <li>Spot taker CVD remains positive, suggesting confidence among buyers.</li>
</ul>
<h2 id="xrp-falling-wedge-breakout-targets-2-70">XRP falling wedge breakout targets $2.70</h2>
The XRP/USD pair broke out of a falling wedge pattern on Jan. 1, as shown on the two-day chart below.
Related: <a href="https://cointelegraph.com/news/xrp-tops-dollar2-as-tradfi-piles-in-do-charts-predict-new-highs-in-2026" rel="noopener noreferrer nofollow">XRP reclaims $2 as fund inflows diverge from broader crypto outflows</a>
In technical analysis, a falling wedge is a classic bullish setup characterized by two downward-sloping, converging trendlines, showing decreasing selling momentum and volume. It often leads to an upside breakout as sellers get exhausted and buyers take control.&nbsp;
The altcoin is required to hold above the support at $2 to increase its chances of a return toward $2.40. Overcoming this resistance would open the way for a run toward the bullish target of the prevailing chart pattern at $2.70.&nbsp;
<figure>
 <img src="https://s3.cointelegraph.com/uploads/2026-01/019bc1df-dc5c-797c-8a22-bfaa4c4bea72.png" title="" alt="These three XRP charts suggest a potential rally scenario toward $2.80">
 <figcaption style="text-align: center;">
 XRP/USD two-day chart. Source: Cointelegraph/TradingView
 </figcaption>
</figure>
“$XRP is breaking out of a Falling Wedge after trading sideways for a month”, Trader CryptoWIZRD <a href="https://x.com/cryptoWZRD_/status/2007904305723105285?s=20" rel="noopener noreferrer nofollow" target="_blank">said</a> in a recent post on X, adding that the last time this happened was in Q4/2025 when the price “exploded” 486%.&nbsp;
<figure>
 <img alt="These three XRP charts suggest a potential rally scenario toward $2.80" src="https://s3.cointelegraph.com/uploads/2026-01/019bc1e1-3834-77b8-b0ea-838af3379aa8.png" title="">
 <figcaption style="text-align: center;">
 Source: CryptoWIZRD
 </figcaption>
</figure>
<h2 id="xrp-bull-flag-targets-2-80">XRP bull flag targets $2.80</h2>
The eight-hour chart shows XRP price trading with a bull flag, with the price facing resistance from the pattern’s upper trendline at $2.15.
An eight-hour candlestick close above this area will clear that path for XRP’s rise toward the top of the flag’s post at $2.41 and later to the measured target of the prevailing chart pattern at $2.80.&nbsp;
Such a move would represent a 32.5% increase from the current price.
<figure>
 <img src="https://s3.cointelegraph.com/uploads/2026-01/019bc1df-e9a2-7604-bf63-51c1c6796c8b.png" title="" alt="These three XRP charts suggest a potential rally scenario toward $2.80">
 <figcaption style="text-align: center;">
 XRP/USD eight-hour chart. Source: Cointelegraph/<a href="https://www.tradingview.com/x/n2K5dOC1/" rel="noopener noreferrer nofollow" target="_blank">TradingView</a>
 </figcaption>
</figure>
The <a href="https://cointelegraph.com/news/here-s-3-ways-the-relative-strength-index-rsi-can-be-used-as-a-sell-signal" rel="noopener noreferrer nofollow" target="_self">relative strength index</a> increased to 51 from 42 on Monday, suggesting growing bullish momentum.
As <a href="https://cointelegraph.com/news/price-predictions-1-14-btc-eth-xrp-bnb-sol-doge-ada-xmr-bch-link" rel="noopener noreferrer nofollow">Cointelegraph reported</a>, a break above the downtrend line on a descending channel at $2.30 on the daily chart could signal a potential trend change. The XRP/USDT pair may then rally to $2.70.
The bullish setups described above rely on XRP holding key support zones. A sustained close below $2.00 would invalidate the falling wedge breakout and signal a loss of bullish structure, increasing the risk of a pullback toward the $1.80–$1.90 region.
On lower time frames, failure to reclaim and hold above $2.15–$2.20 would weaken the bull flag setup and suggest continued consolidation rather than an immediate upside breakout.
<h2 id="xrp-spot-taker-cvd-signals-high-buyer-volumes">XRP spot taker CVD signals high buyer volumes</h2>
The 90-day Spot Taker Cumulative Volume Delta (CVD), a metric showing the balance of buyers and sellers, reveals that buy-orders (taker buy) have become dominant again.&nbsp;
<a href="https://cryptoquant.com/asset/xrp/chart/market-indicator/spot-taker-cvdcumulative-volume-delta-90-day?window=DAY" rel="noopener noreferrer nofollow" target="_blank">CryptoQuant data</a> shows that the demand-side pressure has dominated the order book since November 2025, with the XRP/USD pair rising 16% in 2026 so far.
<figure>
 <img alt="These three XRP charts suggest a potential rally scenario toward $2.80" src="https://s3.cointelegraph.com/uploads/2026-01/019bc1e2-dc31-7850-bb27-1a87e81aa9af.png" title="">
 <figcaption style="text-align: center;">
 XRP spot taker CVD. Source: CryptoQuant
 </figcaption>
</figure>
This indicates that more traders are buying XRP at the market price, rather than waiting for cheaper bids, demonstrating growing confidence in higher prices ahead.
The last time XRP saw a similar surge in spot CVD was in July 2025, preceding a 65% price rally within weeks. This echoes the technical setup with a $2.80 target from the yearly open.

These three XRP charts suggest a potential rally scenario toward $2.80

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