- XRP price under pressure after key support breaks, traders watching $1.88–$1.85 support as momentum stays weak despite Ripple updates.
XRP price today remains under pressure after slipping toward the lower end of its recent trading range, with technical signals pointing to sustained downside risk despite short-lived rebounds.
At the time of writing, XRP was trading near $1.90, struggling to regain lost ground as sellers continued to dominate intraday rallies.
Broader Crypto Market Tone Turns Defensive
The latest XRP move unfolded against a risk-off backdrop across the crypto market, where traders have prioritised liquidity management and capital preservation. While longer-term narratives around adoption and regulation remain constructive, near-term price action has been dictated by technical positioning rather than fundamentals.
XRP has shown relative weakness versus several large-cap peers, with supply consistently emerging during recovery attempts over the past two weeks.
XRP Chart Analysis: Lower Highs Keep Bears in Control
- XRP has formed a sequence of lower highs since failing near the $2.20–$2.25 region earlier this month
- Repeated rebounds have stalled below the $2.05–$2.10 zone, confirming persistent selling pressure
- Price has now slipped toward $1.88–$1.90, an area acting as short-term demand but offering limited bounce strength
The latest candles show consolidation near the lows rather than a decisive reversal, keeping the near-term bias tilted to the downside.
The lack of impulsive follow-through on recent rebounds suggests that buying interest remains cautious.
XRP Price Key Levels Traders Are Watching Now
Near-term direction hinges on how XRP behaves around key technical zones:
- Sustained trading below $1.88 keeps downside pressure intact
- $1.85 is the next area where buyers may attempt to stabilize price
- Any recovery would likely require a reclaim of former support, now resistance, near $1.93 on declining volume
- Until that occurs, downside risks remain skewed
For now, price action continues to be driven more by short-term flow and liquidity than by accumulation signals.
Ripple Expands RLUSD Across Layer 2 Networks
Ripple announced a significant ecosystem upgrade aimed at expanding real-world utility, revealing that its U.S. dollar-backed stablecoin RLUSD will expand to multiple layer 2 networks, including Optimism, Base, Ink, and Unichain, using Wormhole’s Native Token Transfers standard.
This move allows RLUSD to transfer natively across chains without wrapped or synthetic versions, improving liquidity efficiency, security, and regulatory oversight. Ripple also confirmed that the expansion will support liquidity pairs between RLUSD and wrapped XRP, opening the door to broader DeFi use cases.
Users will be able to swap, lend, and make payments using XRP and RLUSD directly within DeFi applications on these networks, without bridging back to the XRP Ledger or Ethereum mainnet.
The rollout begins with a test phase this December, with wider deployment expected next year, subject to approval from the New York Department of Financial Services.
XRP Price Outlook Remains Fragile in the Near Term
In the short term, XRP remains technically fragile, with chart structure favouring caution unless key resistance levels are reclaimed. The lack of strong bounce momentum suggests traders are still reducing exposure rather than positioning for upside.
From a longer-term perspective, Ripple’s continued push into regulated stablecoins and multichain infrastructure reinforces XRP’s utility narrative. However, price recovery will ultimately depend on whether technical conditions improve and broader market sentiment stabilises.
For now, XRP sits at a crossroads between near-term technical weakness and longer-term ecosystem development, with the chart firmly in control of the immediate outlook.
The XRP price is under pressure due to technical selling and risk-off sentiment across crypto markets, with traders reacting to the loss of key support levels rather than new fundamental news.
The XRP price could stabilize if buyers defend lower support zones and reclaim former resistance levels, but recovery remains limited unless volume and momentum improve.
The XRP price has long-term upside potential tied to adoption and market cycles, but near-term direction depends on broader crypto sentiment and whether key resistance levels are reclaimed.
A move to $10 in 2025 would require a strong crypto bull cycle, sustained capital inflows, and clear demand expansion, making it possible but highly optimistic rather than a base-case scenario.
Whether to hold or sell XRP depends on your time horizon and risk tolerance, as short-term price action remains volatile while longer-term investors may focus on utility and adoption trends.
Reaching $100 would imply a market valuation far beyond current conditions, and while not mathematically impossible, it would require unprecedented global adoption and is considered extremely unlikely under current market structures.
This article was originally published on InvestingCube.com. Republishing without permission is prohibited.