XRP Slumps After Support Break; Eyes $1.85

XRP weakens after losing support, with $1.85 next in focus

XRP slipped below key short-term support levels on Wednesday after sellers repeatedly emerged near the $1.90 area, keeping price action compressed and shifting market attention toward $1.85.

At press time, XRP was trading around $1.85, down 1.25% over the past 24 hours. The move placed the token below a zone that had repeatedly acted as a price floor earlier this year, adding to concerns about near-term stability during a period of thinner year-end liquidity.

Trading activity showed that rallies struggled to hold, with high volume appearing near resistance—a pattern commonly associated with larger participants selling into price strength. XRP also failed to build momentum above $1.950, and the market continued to face resistance near $1.90.

In recent sessions, XRP fell from $1.88 to $1.86 and remained constrained inside a $1.85–$1.91 channel, while sellers repeatedly defended the $1.9060–$1.9100 area.

According to TradingView data cited in the market commentary, $1.85 has been tested multiple times over recent weeks. Some analysts framed this zone as pivotal: a breach would suggest bearish control, with the next major support highlighted around $1.60. Separately, another level closely watched was $1.83, where a decisive break could shift focus toward $1.63, identified as a key retracement level in the broader move.

The broader technical picture has also weakened. XRP broke down from a consolidation phase after slipping below $1.93, and a descending trendline in place for more than six weeks has continued to limit upside attempts. Commentary also noted that XRP has broken its long-term ascending channel, with bearish momentum signals increasing pressure around former support areas.

On-chain activity has softened as well. One update referenced a drop in active addresses from 46,000 to 38,500 within a week, adding to the impression that participation has cooled as prices drift lower.

• Resistance: sellers active near $1.90 and repeated failures near $1.95
• Immediate focus: $1.85, a frequently tested support zone
• Lower levels flagged by analysts: $1.83, then $1.63 and $1.60
• Market context: volatile conditions and thinner year-end liquidity, increasing emphasis on short-term risk control

For now, analysts said XRP is likely to remain range-bound between $1.85 and $1.94 unless the market sees a decisive breakout or breakdown. Momentum has also put XRP’s two-year streak of positive annual returns under pressure, with commentary noting that reclaiming $2.10 would be important to avoid closing the year in the red.