Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Market analysts are closely watching the XRP price as recent movements test key support levels. A new technical analysis has highlighted a critical price zone that is currently helping contain further downside pressure on XRP. Over the past few months, the cryptocurrency has struggled to reclaim its previous highs, recently crashing below the $2 psychological levelamid increased volatility and market uncertainty. XRP Key Support Contains Downside Risks
Crypto analyst Skipper shareda new technical update on XRP this week, highlighting current market dynamics and a critical support level that could help prevent further downturns. The analyst noted that XRP recently broke below $1.93, signaling heightened selling pressure and ongoing market repositioning. Related Reading Analyst Says This XRP Level Is Keeping Downside Pressure In Check 3 hours ago
Notably, XRP’s decline below $1.93 comes amid broader market weakness, as the cryptocurrency has struggled to hold key levels. Spot market data show the cryptocurrency is currently trading at $1.85, reflecting a significant drop of about 2.7% in the last 24 hours and more than 7.8% over the past seven days.
XRP’s choppy price actionhas also kept it pinned below many resistance zones. However, Skipper reveals that sustained trading below $1.88 keeps the cryptocurrency’s downside pressure intact in the near term. The analyst also notes that the next meaningful area where buyers may attempt to stabilize price sits around $1.85. Source: Chart from Skipper on X
Despite ongoing Spot ETF inflowssince its launch in November, Skipper noted that XRP’s short-term price action appears more driven by technical positioning than fundamental developments. He also highlighted that XRP’s market supply has contracted significantly, dropping by 45% from approximately 3.9 billion tokens at the beginning of 2025 to about 1.6 billion tokens by December. This reduction in supplycould influence XRP’s price dynamics and overall market scarcity. XRP Faces Continued Downtrend Amid Market Weakness
In a subsequent post, Skipper reportedthat the XRP price fell 5% as the crypto market experienced fresh selling pressurewith major altcoins extending recent declines. The analyst stated that the token had dipped to lows of around $1.81, reflecting growing investor risk aversion. Moreover, despite being one of the top-performing assetsearlier in the year, XRP now risks slipping further. Related Reading XRP Price On The Verge Of Another Crash, But There’s Still Hope 1 week ago
According to Skipper, XRP has been in a steady downtrendsince July 2025, with each price bounce weaker than the previous one. He emphasized that bulls must reverse this downtrend to restore a positive outlook, which would require XRP to rise above the $2.27 high from the last weak bounce in late November.
The analyst also noted that in past cycles, when XRP breaks below the 50-week Simple Moving Average (SMA) and stays there for roughly 50 to 84 days, a strong rally typically follows. He disclosed that the price has now spent approximately 70 days below its 50-week SMA, placing it within the same historical window. XRP trading at $1.87 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Pxfuel, chart from Tradingview.com