The cryptocurrency market has experienced a challenging start this week, marked by underwhelming performances across major digital assets. Ripple’s XRP, in particular, has caught the attention of traders as it struggles to hold key support levels in the face of bearish pressure.
An Overview of XRP’s Recent Performance
Over the weekend, XRP witnessed a 48% decline from its July 2025 high of $3.66, dipping into a critical demand zone between $2.21 and $1.85. As of now, it is trading at $1.88 after briefly retesting support at $1.81, a level that has historically served as a springboard for significant rebounds.
Despite the thin trading volume indicating waning interest from retail traders, there are signs of potential recovery. The Relative Strength Index (RSI) divergence points to a slowing decline, while the Trend-Based Fibonacci Time suggests alignment for a possible bullish cycle. If this demand zone holds, XRP could aim for resistance levels at $2.55, $2.90, and $3.25, potentially revisiting its previous high of $3.66.
XRP’s Technical Outlook
On the 4-hour chart, XRP remains bearish, with the RSI at 43, below the neutral 50 mark, indicating that the bears are maintaining control. The MACD lines also sit in the negative zone, reinforcing this sentiment. However, if daily support at $1.81 holds, XRP may test higher resistance at $1.96 in the short term.
The alternative scenario is bearish: A failure to maintain the $1.81 level could push the cryptocurrency to retest December 19 lows near $1.77.
What’s Next for XRP and the Broader Market?
While Ripple faces ongoing market struggles, long-term investors may look at this as an opportunity to enter the market at a lower price point. XRP’s performance mirrors that of other top cryptocurrencies like Bitcoin and Ethereum, which also face key decision points in their respective markets.
Investors interested in Ripple and other cryptocurrencies should consider tracking price action closely. For those new to crypto trading, using platforms like eToro, known for its beginner-friendly interface and social trading features, can provide valuable insights. Check out eToro’s platform for buying XRP and other cryptocurrencies with ease.
Final Thoughts
As the cryptocurrency market navigates a bearish phase, XRP’s technical indicators suggest potential recovery if key support levels hold. Whether XRP manages to break past resistance levels or continues its decline, traders must remain vigilant and informed to make the most of market opportunities.