XRP is currently experiencing significant downward pressure as it has recently breached crucial support levels at $2.50 and $1.90, confirming a prevailing downtrend. This ongoing bearish sentiment raises alarms among traders as the lack of volume suggests weak buying interest, heightening the risk of further declines.
Short-term analysis indicates that XRP is attempting to hold above the critical support level at $1.85, where buying interest has been noted. However, a failure to maintain this level could trigger a more severe downturn, with analysts projecting targets as low as $1.45 and potentially $1.10 if the bearish trend continues.
According to market analyst Ali, the three-day chart of XRP reveals a clear downtrend that has persisted since the highs of April 2026, where the price reached approximately $3.30. The market has witnessed successive lower highs, indicating a strong bearish control as former support zones have now transformed into resistance.
The price compression observed around $1.90 is interpreted as a temporary pause rather than a reversal signal. Analyst insights suggest that muted trading volume during this decline reflects a lack of conviction among buyers, which further increases the likelihood of continued downward movement.
On a daily chart, analyst Crypto King observes that XRP has managed to stay just above the $1.85 support, showing signs of buyer defense with repeated wicks. However, resistance levels remain well-defined, with XRP facing rejections at $2.58, $3.07, and $3.66 since mid-2025.
Furthermore, a reclaim of $1.98 would signify a shift in momentum, potentially paving the way for a rise to $2.58. Conversely, failure to hold at $1.85 would align with bearish projections and could lead to increased selling pressure.
In a broader context, analyst Steph Is Crypto highlights the significance of the monthly trend ribbon, noting that the current price action is precariously close to this pivotal level. Historical data indicates that losses of this trend ribbon in previous years have often preceded substantial price declines exceeding 50%.
Volume has steadily decreased since earlier peaks, reflecting diminished long-term interest in XRP. This pattern suggests that unless strong external catalysts emerge, the structural weakness is likely to continue.
As XRP approaches a critical inflection point, market participants are closely monitoring whether it can stabilize above $1.90 or if it will succumb to further downside pressure. The next few trading sessions will be crucial in determining the trajectory of XRP”s price.
