Ripple linked token sees risk of deeper pullback

Market participants appeared focused on liquidity conditions and risk reduction, with selling pressure intensifying around previously well-defined support levels.

News background

• XRP traded sharply lower during the latest session as broader crypto markets faced renewed risk-off pressure.
• Despite continued spot ETF inflows over recent weeks, short-term price action has been dominated by technical positioning rather than fundamental developments.
• No single catalyst drove the move.
• Instead, the decline reflected positioning adjustments across majors, with XRP showing relative weakness compared to peers as supply emerged into rallies.

Technical analysis

• XRP broke decisively below the $1.93 support zone, a level that had held through multiple tests over recent weeks. The breakdown occurred alongside a significant increase in trading volume, indicating participation from larger market participants rather than thin, illiquid trading.
• Total session volume reached approximately 191 million tokens, around 246% above the 24-hour average. The heaviest activity coincided with the move through $1.93, confirming acceptance below that level.
• On lower timeframes, price action remained capped below $1.88, which now functions as near-term resistance.
• The structure on the hourly chart remains bearish, with lower highs and limited follow-through on minor rebounds. Momentum indicators remain compressed, suggesting selling pressure has not fully exhausted.

Price action summary

• XRP declined from just under $2.00 to a session low near $1.87
• The $1.93 level failed quickly once tested, with no sustained bid response
• Price consolidated briefly between $1.86–$1.88 following the breakdown
• Volume remained elevated into the close, signaling ongoing repositioning

Volatility expanded notably, with XRP trading a wide intraday range relative to recent sessions.

What traders should know

• $1.93 has transitioned from support to resistance and remains a key level to watch
• Sustained trading below $1.88 keeps downside pressure intact in the near term
• $1.85 is the next meaningful area where buyers may attempt to stabilize price
• Any recovery attempt likely requires a reclaim of $1.93 on declining volume to signal reduced distribution
• Until that occurs, XRP remains technically vulnerable, with price action driven more by flow and positioning than by longer-term accumulation signals.