$1.95 Holds or Crash to $1.60?

 Key Insights:

• XRP trades below key trendlines as $1.95 support faces pressure on the weekly chart.
• A weekly close below $1.95 may expose XRP to a move toward $1.60 support.
• Bullish RSI divergence builds, but price confirmation remains absent below descending resistance.

XRP was trading near a key price zone as market participants watched whether long-standing support could hold. The token is priced at $1.86, with a 24-hour trading volume of $2.08 billion. XRP has slipped 1.4% over the past day and 2.4% over the last seven days, reflecting steady selling pressure across the broader market. price behavior places XRP at a level that has guided price movement for much of the year. Traders are now focused on whether this area can continue to act as support or if sellers will push prices lower.

Weekly Structure Remains Under Pressure

On the weekly chart, XRP continues to trade below a downward-sloping trendline. Price also remains under the 8-week and 21-week exponential moving averages. This setup shows that sellers remain in control and that price has not yet shown signs of a trend change.

XRP was testing the $1.95 zone, which aligns with the 0.5 Fibonacci retracement and the 89-week EMA. This area has held multiple times in recent months. Market commentary notes that“a weekly close below this level could increase the probability of a move toward $1.60,” which lines up with the 0.618 Fibonacci level.

Price Outcomes Around the $1.95 Level

If XRP closes the week below $1.95, chart levels point to $1.60 as the next area of interest. This zone stands as the nearest major support if selling pressure continues. Recent candles show slowing momentum near $1.95, raising concerns that buyers may struggle to defend the level.

A weekly close back above $1.95 may change short-term price behavior. Such a move could draw buyers and allow price to move toward $2.30, followed by resistance near $2.70. Even with a recovery, price would still remain below major trend barriers unless the descending trendline is reclaimed.

Daily and Short-Term Trading Conditions

On the daily timeframe, XRP closed with no clear direction, moving in line with Bitcoin’s recent weakness. The XRP/BTC pair also showed limited follow-through, though it remains above key support levels. A shift in Bitcoin dominance may influence near-term movement.

Intraday price action has remained slow. A rejection near the $1.97–$1.95 area could send prices toward $1.82 support. Trading between these levels has produced short rebounds rather than sustained moves, with low liquidity keeping volatility uneven.

Divergence Builds While Price Slips

On the daily chart, price continues to post lower lows. At the same time, the RSI is forming higher lows, creating a bullish divergence. One analyst noted that “the signal strength is increasingly growing,” suggesting selling pressure may be easing.

This setup does not confirm a reversal on its own. A break above the descending resistance line would be required for stronger upside follow-through. Until that happens, XRP remains near a key decision point, with $1.95 acting as the dividing line between stability and a possible move toward $1.60.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.