**Time Range**: 2026-01-18 20:00:00 ~ 2026-01-29 12:00:00
**Data Nature**: Real-time Candlesticks
## Candlestick Pattern Deep Analysis
1. **Early chart shows bearish engulfing pattern around 2.0652** - Previous uptrend reversal - Strong bearish signal
2. **Multiple red candles with long bodies appear after initial drop** - Sustained selling pressure - Strong bearish momentum
3. **Green hammer candlestick forms near 1.8100 on January 25th** - Potential bullish reversal after reaching support - Moderate signal
4. **Bullish engulfing pattern appears around 1.85 level on January 26th** - Short-term trend reversal attempt - Medium signal
5. **Recent large red candle with long upper shadow at 1.9417** - Rejection at resistance level - Strong bearish signal
6. **Latest candle shows small green body at 1.8803** - Potential consolidation after decline - Weak signal
## Technical Indicator Analysis
1. **EMA Analysis**:
- EMA7 (1.8976) above EMA25 (1.9032) but both trending downward
- EMA99 (1.9555) significantly higher, indicating longer-term downtrend
- Price currently below all EMAs, confirming bearish control
2. **MACD Analysis**:
- MACD line (-0.0009) below signal line, showing bearish momentum
- Histogram bars turning from green to red, indicating weakening bullish momentum
- Recent histogram bars showing decreasing height, suggesting potential slowdown in selling
3. **Volume Analysis**:
- Significant volume spike during the January 25th drop to 1.8100
- Recent trading showing declining volume, indicating reduced market interest
- Current volume (3,430.96k) below average, suggesting consolidation phase
## Support and Resistance Levels
**Resistance Levels**:
- Immediate: 1.9000 (recent rejection point)
- Medium-term: 1.9500 (previous consolidation area)
- Major: 2.0000 (psychological level)
**Support Levels**:
- Immediate: 1.8650 (recent low)
- Strong: 1.8100 (major bounce point on January 25th)
- Major: 1.8000 (psychological level)
## Comprehensive Technical Evaluation
The XRP-USDT pair is currently in a downtrend as evidenced by the series of lower highs and lower lows. The price has been rejected at the 1.95 level multiple times, forming bearish candles with long upper shadows. The EMAs are aligned in a bearish formation with shorter-term EMAs below longer-term ones.
The recent price action shows a struggle between buyers and sellers, with the latest candle attempting to stabilize after the recent decline. However, the overall technical structure remains bearish, with price trading below all key EMAs.
## Conclusion
XRP-USDT is currently in a bearish trend with immediate resistance at 1.9000. Traders should watch for potential support at 1.8650 and 1.8100 levels. For bullish scenarios, a break above 1.9000 with increasing volume would be needed to confirm trend reversal.
For traders considering positions, tight stop losses are recommended given the current volatility. Risk management is crucial as the market shows indecision with the recent consolidation pattern. Consider waiting for clearer signals before making significant trades until the price establishes a stronger directional bias.