📉 Latest News Analysis on XRP
is trading in a corrective phase around the high‑1‑dollar area after a 10–15% weekly drop, but selling pressure is starting to fade and several analysts see room for a recovery bounce if support holds.
Price action and short‑term trend
XRP is hovering just above about 1.90 dollars after slipping roughly 13% over the past week, with 24‑hour trading volume still above 3.4 billion dollars, showing active two‑way interest.
On the 4‑hour chart, price is moving inside a descending channel and trades below the 50 and 200‑period moving averages, turning 2.05–2.10 dollars into near‑term resistance and leaving 1.80–1.87 dollars as an important support zone.
Support zones to hold
1.90 and 1.85–1.90 dollars: XRP has recently reclaimed and retested this band as short‑term support; losing it would signal renewed weakness.
1.86 and 1.78–1.80 dollars: Analysts highlight 1.86 then 1.78 as downside levels, and several note 1.80 as a “psychological and structural floor” where a rebound base often forms.
1.77–1.82 dollars: Earlier in January, XRP repeatedly bounced from the 1.77–1.82 region, reinforcing it as deeper support if the first band fails.