XRP Price Faces Increased Selling Pressure Below $1.93
Source: TradingView
XRP price has weakened after breaking below a critical support level, increasing the risk of a deeper pullback in the near term. The breakdown below $1.93 has shifted market structure firmly in favor of sellers, with rising volume confirming strong participation from larger market players.
During the latest session, XRP saw a sharp rise in selling pressure as broader crypto markets moved into a risk-off environment. Trading volume surged to approximately 246% above the 24-hour average, signaling active repositioning rather than low-liquidity price movement.
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XRP Market Overview: Technicals Drive Price Action
XRP traded sharply lower as sentiment across major cryptocurrencies deteriorated. Despite steady spot ETF inflows in recent weeks, short-term XRP price action has been dominated by technical positioning and liquidity flows, not fundamental developments.
No single catalyst triggered the decline. Instead, supply consistently emerged into minor rallies, leaving XRP underperforming several large-cap peers as traders reduced risk exposure.
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XRP Technical Analysis: Support Breakdown Confirmed by Volume
From a technical perspective, XRP decisively broke below the $1.93 support zone, a level that had held through multiple tests in recent weeks. The breakdown occurred alongside a notable increase in trading activity, reinforcing the validity of the move.
- Total session volume reached approximately 191 million XRP
- Volume was 246% above the 24-hour average
- The heaviest trading coincided with the move below $1.93, confirming acceptance beneath former support
On lower timeframes, XRP remains capped below $1.88, which now acts as immediate resistance. The hourly structure continues to print lower highs, with weak rebound attempts and compressed momentum indicators—suggesting selling pressure has not fully exhausted.
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XRP Price Action Summary
- XRP declined from just below $2.00 to an intraday low near $1.87
- The $1.93 support failed quickly, with no sustained buyer response
- Price briefly consolidated between $1.86 and $1.88 after the breakdown
- Elevated volume persisted into the session close, highlighting ongoing repositioning
- Volatility expanded, with XRP trading a wider intraday range than recent sessions
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What Traders Should Watch Next
- $1.93 has flipped from support to resistance and remains a key level
- Sustained trading below $1.88 keeps near-term downside pressure intact
- $1.85 represents the next notable zone where buyers may attempt to stabilize price
- Any recovery would likely require a reclaim of $1.93 on declining volume, signaling reduced distribution
- Until then, XRP remains technically vulnerable, with price action driven more by flows and positioning than long-term accumulation.
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Conclusion
XRP price action has turned decisively bearish after losing the $1.93 support level, with elevated volume confirming acceptance below this zone. As long as price remains capped below $1.88–$1.93, downside risks remain dominant, with $1.85 emerging as the next critical support. Until buyers reclaim key resistance with improving structure, XRP is likely to remain driven by short-term flows rather than sustained accumulation.
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FAQs
Why is XRP price falling today?
XRP is under pressure after breaking below the key $1.93 support level. The move was confirmed by a sharp increase in trading volume, signaling active selling and market repositioning.
Is $1.93 still an important level for XRP?
Yes. The $1.93 level has flipped from support to resistance. A sustained move above this level would be needed to improve short-term price structure.
What is the next support level for XRP?
The next key area to watch is around $1.85, where buyers may attempt to stabilize the price. A breakdown below this level could open the door to further downside.
Is XRP underperforming other cryptocurrencies?
In the current session, XRP has shown relative weakness compared to other major cryptocurrencies, with selling pressure emerging into minor rallies.
What would signal a bullish recovery for XRP?
A recovery would likely require XRP to reclaim $1.93 on lower volume, indicating reduced distribution and improving market sentiment.
