XRP weakens after repeated price-action failures near $1.95

AI Summary4 min read

TL;DR

XRP broke below the $1.93 support level after failing to sustain rebounds near $1.95, increasing downside risk. A drop below $1.77 could trigger a significant decline toward $0.80 support.

Key Takeaways

  • XRP broke down from consolidation below $1.93 support, with sellers in control and volume confirming the move.
  • The cryptocurrency has been vulnerable since losing the $2.00 level, with repeated rebound attempts failing to gain traction.
  • A loss of $1.77 could expose XRP to a significant drop, with the next major support around $0.80 based on on-chain data.
  • The $1.93–$1.95 zone now acts as resistance, and any recovery needs to reclaim this level with rising volume to neutralize the bearish setup.
  • XRP remains technically fragile with sellers controlling rallies and buyers showing limited conviction at higher levels.
(CoinDesk Data)
(CoinDesk Data)

What to know:

  • XRP broke down from a consolidation phase, slipping below the $1.93 support zone as sellers took control.
  • The cryptocurrency has been vulnerable since losing the $2.00 level, with rebounds failing to gain traction.
  • A loss of $1.77 could lead to a significant drop, with the next major support around $0.80.
  • XRP broke down from a consolidation phase, slipping below the $1.93 support zone as sellers took control.
  • The cryptocurrency has been vulnerable since losing the $2.00 level, with rebounds failing to gain traction.
  • A loss of $1.77 could lead to a significant drop, with the next major support around $0.80.

XRP broke down from a multi-day consolidation late Saturday, slipping below the $1.93 support zone as elevated volume confirmed sellers were in control, even as broader crypto markets remained mixed.

News background

  • The move comes amid a broader cooling in risk appetite across crypto, with bitcoin struggling to hold recent rebounds and large-cap altcoins seeing selective pressure rather than broad capitulation.
  • Analysts have noted that XRP, in particular, has been vulnerable since losing the $2.00 handle earlier this month, with repeated rebounds failing to attract sustained follow-through.
  • On-chain data from Glassnode shows that below $1.77, realized supply thins significantly until the $0.80 area, a level that previously marked heavy accumulation during earlier cycles.
  • While that remains a longer-term scenario, the loss of intermediate support has increased sensitivity to downside extensions.

Technical analysis

  • XRP spent most of the session trading within a $1.90–$1.95 range before sellers forced a breakdown through the lower bound.
  • The $1.93 area, which had acted as support through multiple tests, gave way during U.S. hours as volume expanded well above recent averages.
  • The most decisive move occurred around 13:00 UTC, when price slid to $1.897 on volume of roughly 93.8 million tokens, around 78% above the 24-hour average.
  • That move flipped the former support zone into resistance and confirmed a failure of the prior consolidation structure.
  • On the hourly chart, XRP is now trading below its short-term moving averages, with momentum indicators rolling over rather than showing divergence. The inability to reclaim $1.93 quickly keeps the near-term bias tilted lower.

Price action summary

  • XRP fell from $1.926 to $1.915 over the 24-hour period ending Dec. 22 at 02:00 UTC
  • Price briefly spiked to $1.95 earlier in the session before reversing sharply
  • A late-session push lower saw XRP trade down to $1.907 during the final hour
  • Volume accelerated into the breakdown rather than fading, suggesting active selling rather than thin liquidity

Despite some dip-buying near $1.90, rebounds lacked momentum, and price failed to re-enter the prior range.

What traders should know

  • $1.93–$1.95 now acts as a resistance band following the breakdown
  • $1.90 is the first level bulls need to defend to prevent follow-through selling
  • A clean loss of $1.77 would expose a much thinner demand zone until roughly $0.80, based on on-chain cost basis data
  • Any recovery attempt needs a fast reclaim of $1.93 on rising volume to neutralize the current setup

For now, XRP remains in a technically fragile position, with sellers controlling rallies and buyers showing limited conviction at higher levels.

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

You are reading Crypto Week Ahead: a comprehensive list of what's coming up in the world of cryptocurrencies and blockchain in the coming days, as well as the major macroeconomic events that will influence digital asset markets. For an updated daily email reminder of what's expected, click here to sign up for Crypto Daybook Americas. You won't want to start your day without it.

Disclosure & Polices: CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of Bullish (NYSE:BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services. Bullish owns and invests in digital asset businesses and digital assets and CoinDesk employees, including journalists, may receive Bullish equity-based compensation.

Visit Website