{"id":20723,"date":"2026-01-27T12:59:16","date_gmt":"2026-01-27T12:59:16","guid":{"rendered":"https:\/\/bitunikey.com\/news\/xrp-bulls-brace-for-key-support-retest-as-bloombergs-mcglone-sounds-alarm\/"},"modified":"2026-01-27T12:59:23","modified_gmt":"2026-01-27T12:59:23","slug":"xrp-bulls-brace-for-key-support-retest-as-bloombergs-mcglone-sounds-alarm","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/xrp-bulls-brace-for-key-support-retest-as-bloombergs-mcglone-sounds-alarm\/","title":{"rendered":"XRP bulls brace for key support retest as Bloomberg\u2019s McGlone sounds alarm"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">XRP hovers on key support as Bloomberg\u2019s McGlone warns of a breakdown while CryptoBull bets on a long consolidation before a major upside breakout.<\/p>\n<div id=\"cn-block-summary-block_83fbfb8a170191d2f66b45e04bdf2f95\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>McGlone warns that a sustained close below long-held XRP support could spark sharper declines and invalidate bullish calls.\u200b<\/li>\n<li>The correction from the November 2025 rally frames support as a critical line, even as a bounce could open a short-term recovery path.\u200b<\/li>\n<li>CryptoBull argues XRP is mirroring its previous bull run, needing extended consolidation at prior highs before a powerful breakout.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Bloomberg Senior Commodities Strategist Mike McGlone has issued a warning regarding XRP\u2019s (XRP) price trajectory, citing the potential for the cryptocurrency to fall below a critical support level, according to statements attributed to the analyst.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The warning comes as a broader correction wave continues across the cryptocurrency market. XRP is currently trading near a key support level, making its price movements a focal point for market participants, according to market observers.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The UK needs crypto innovation. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$XRP<\/a> delivers \ud83d\udc47 <\/p>\n<p>UK politicians admit they are behind on crypto in a Bloomberg interview in Davos. What happens next?<\/p>\n<p>They look for solutions that are already compliant, already licensed, already operational.<\/p>\n<p>Ripple has the FCA license. RLUSD\u2026 <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/BHG4hUjmVE\">pic.twitter.com\/BHG4hUjmVE<\/a><\/p>\n<p>\u2014 QUANTUM FINANCIAL SYSTEM QFS (@qfsofficialnews) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/qfsofficialnews\/status\/2015921664274628620?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">January 26, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>McGlone stated that a retest of the support level is imminent, emphasizing that a sustained close below it would invalidate bullish price predictions and could lead to further declines. The analyst noted the level has served as reliable support since the November 2025 rally.<\/p>\n<p>The Bloomberg analyst, who has previously issued warnings about Bitcoin potentially falling to $10,000, predicted that sharper declines may be on the horizon for XRP as the correction trend that began in October continues.<\/p>\n<p>In a bearish scenario for XRP, the support level remains important, while a bounce above higher resistance could signal a short-term recovery toward higher targets, according to the analysis.<\/p>\n<p>An analyst using the pseudonym CryptoBull offered a contrasting view, noting that XRP was consolidating around its previous all-time highs. The analyst stated the price pattern is replicating the previous bull run.<\/p>\n<p>CryptoBull said a longer accumulation period is needed for higher prices, predicting that XRP could consolidate around its previous high for an extended period before experiencing a major upward breakout. The analyst added that subsequent waves of momentum could take XRP to higher levels.<\/p>\n<p>XRP\u2019s price remained near recent levels at the time of the original report.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP hovers on key support as Bloomberg\u2019s McGlone warns of a breakdown while CryptoBull bets on a long consolidation before a major upside breakout. Summary McGlone warns that a sustained&hellip;<\/p>\n","protected":false},"author":1,"featured_media":20386,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-20723","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=20723"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20723\/revisions"}],"predecessor-version":[{"id":20724,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20723\/revisions\/20724"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/20386"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=20723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=20723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=20723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}