XRP is once again attracting heightened attention in the crypto market, as the broader crypto market suffers another round of downturn.
Following a multi-month pullback from its 2025 high of $3.65, XRP is currently trading below $1.9, succumbing to renewed bearish pressure over the weekend.
Over the weekend, the crypto market saw a sharp downturn, pushing XRP’s price from around $1.91 to $1.81. Despite staging a rebound, XRP is still trading below $1.9.
Key Points
- XRP is under renewed bearish pressure, with the price plunging to $1.81 over the weekend.
- Amid the downturn, XRP’s next trend direction hinges on a crucial support level.
- The token has broken below a key ascending trendline, signaling a likely continuation of the short-term downtrend.
- Elliott Wave analysis projects target zones between $1.85 and $1.65.
Crucial Levels to Watch
In a recent analysis, Cypress Demanincor stressed that he is closely tracking key levels on XRP’s weekly chart, highlighting major support and resistance zones.
On the upside, the $2.27–$2.56 resistance range stands as a critical hurdle. This zone aligns with prior breakdown levels, meaning XRP must reclaim it decisively to signal a potential trend reversal.
Meanwhile, on the downside, $1.85 acts as immediate support and defines the current trading area. Holding this level would indicate consolidation. However, a breakdown would significantly increase downside risk.
If $1.85 fails, the next support emerges near $1.69, where buyers may attempt to stabilize price action. Beyond that, intensified selling pressure could drive XRP toward $1.27 or $0.98, both of which represent potential long-term support in a broader market downturn.
Overall, Demanincor says he is watching these levels “like a hawk,” signaling heightened alert for a strong reaction. In his view, XRP could either bounce from the $1.85 zone and stage a relief rally toward $2.27–$2.56, or break down decisively, opening the door to $1.69, $1.27, and $0.98.
Next Trend Direction Hinges on $1.92
Meanwhile, XRP is trading around $1.88, closely aligning with the $1.92 level that analyst Ali Martinez identifies as critical support.
Holding above this zone would suggest consolidation or potential upside, while a decisive break below it would likely confirm a bearish shift and open the door to further downside.
$1.92 is the key support level to watch for $XRP, as it will define the next trend direction. pic.twitter.com/sXNfWm9pVD
— Ali Charts (@alicharts) January 24, 2026
XRP Faces Short-Term Downtrend After Trendline Break
Amid the recent pullback, market researcher More Crypto Online also warned that XRP has broken below a key ascending trendline, signaling a likely continuation of its short-term downtrend. The breakdown confirms that the price is trading beneath the trendline, prompting caution for traders.
Using the Elliott Wave indicator, the projected target zones range from $1.85 to $1.65. While confirming a high likelihood of XRP reaching $1.65, the researcher cautions that traders should expect occasional bounces along the way.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

