XRP Price Drops Sharply Toward $1.85 as Bulls Lose Momentum
XRP is facing renewed selling pressure after failing to maintain key resistance levels, with prices now retreating toward the $1.85 zone. Market analysts warn that unless bulls reclaim control soon, XRP could see further downside before stabilizing.
Market Snapshot
According to a NewsBTC analysis, XRP has weakened sharply, breaking below short-term support levels near $2.00 and signaling growing bearish sentiment in the broader altcoin market.
The token’s decline follows a period of strong gains earlier this month, driven by optimism around Ripple’s institutional partnerships and potential global adoption.
However, with Bitcoin consolidating and Ethereum showing mixed strength, XRP’s rally has lost steam, allowing sellers to regain momentum.
Technical indicators now point toward a possible retest of the $1.85 and $1.80 zones, which could act as short-term support if buying interest returns.
Image source : https://coinmarketcap.com/currencies/xrp
Technical Outlook
Chart data shows XRP trading below its 50-day moving average, with the Relative Strength Index (RSI) trending toward the oversold region.
A clear resistance level has formed near $2.05, while a stronger rejection at $2.10 suggests sellers are actively defending the range.
If the price fails to hold above $1.85, analysts believe XRP may slide further toward $1.65, where longer-term buyers could look for entry points.
On the bullish side, a decisive move above $2.10–$2.20 could invalidate the current downtrend and re-open the path toward $2.50 in the next rally.
Market Sentiment
Community sentiment on social media remains divided.
While some traders see this pullback as a healthy correction after a strong run-up, others fear it could mark a broader cooling phase for altcoins heading into Q1 2026.
Despite short-term weakness, XRP remains one of the few top assets maintaining high institutional interest, especially in Asia and the U.S. markets where Ripple continues to expand partnerships in payments and settlements.
Future Outlook
Market experts believe XRP’s mid-term trajectory depends largely on macro conditions — including Bitcoin’s next move and ongoing developments in Ripple’s enterprise adoption efforts.
If the token manages to hold above $1.85 and reclaims the $2.00 zone, momentum could shift back toward buyers, setting the stage for a potential recovery rally later this month.
For now, traders are watching the $1.80–$1.85 range closely as the key battleground between bulls and bears.