⬤ XRP is currently hovering near the bottom of its weekly trading range, sitting right around the $1.85 to $1.95 support zone. While there’s been some recent selling pressure, the bigger picture hasn’t broken down yet. The weekly chart shows XRP cooling off after a sharp rally, now stabilizing near range lows without actually breaking through.
⬤ The technical setup is pretty straightforward: there’s a clear range with resistance up around $3.40 to $3.60, and support down at $1.85 to $1.95. Right now, price is sitting below the 21-week moving average, which is trending down and acting as a ceiling. That tells us short-term momentum is still on the weak side, even though the broader structure is holding up.
⬤ Here’s what really matters: there’s a difference between a quick dip below support and an actual breakdown. If XRP briefly spikes below $1.85, that’s just normal range behavior—think of it as hunting for liquidity. But if we get a weekly close below $1.85, that’s a different story. That would signal the structure is actually failing and increase the risk of a deeper pullback.
⬤ This range is important because it shows where buyers and sellers are balanced right now. As long as XRP stays above that $1.85 weekly support, the market structure is still intact. The consolidation near range lows looks more like indecision than panic selling. How price behaves around $1.85 in the coming weeks will determine whether XRP stays range-bound or starts a deeper correction.
XRP Tests Critical $1.85–$1.95 Support as Price Holds Weekly Range
⬤ XRP is currently hovering near the bottom of its weekly trading range, sitting right around the $1.85 to $1.95 support zone. While there’s been some recent selling pressure, the bigger picture hasn’t broken down yet. The weekly chart shows XRP cooling off after a sharp rally, now stabilizing near range lows without actually breaking through.
⬤ The technical setup is pretty straightforward: there’s a clear range with resistance up around $3.40 to $3.60, and support down at $1.85 to $1.95. Right now, price is sitting below the 21-week moving average, which is trending down and acting as a ceiling. That tells us short-term momentum is still on the weak side, even though the broader structure is holding up.
⬤ Here’s what really matters: there’s a difference between a quick dip below support and an actual breakdown. If XRP briefly spikes below $1.85, that’s just normal range behavior—think of it as hunting for liquidity. But if we get a weekly close below $1.85, that’s a different story. That would signal the structure is actually failing and increase the risk of a deeper pullback.
⬤ This range is important because it shows where buyers and sellers are balanced right now. As long as XRP stays above that $1.85 weekly support, the market structure is still intact. The consolidation near range lows looks more like indecision than panic selling. How price behaves around $1.85 in the coming weeks will determine whether XRP stays range-bound or starts a deeper correction.