XRP struggles near $1.90 as mixed technical signals emerge
Price action remained contained within a relatively tight range, with total volatility of about 2.7%, reflecting indecision rather than capitulation.
What to know:
XRP declined 0.9% over the past 24 hours, failing to break resistance near $1.95 and stabilizing around $1.90.
Elevated trading volume indicated active selling pressure, with price briefly dipping below $1.90 before rebounding.
Traders are monitoring key support at $1.89 and resistance near $1.95 for signs of trend direction.
XRP drifted lower over the past 24 hours as a recovery attempt from weekend lows stalled below key resistance, leaving traders weighing early stabilization signals against a still-fragile technical structure.
Market overview
XRP slipped about 0.9% over the 24-hour period ending Dec. 23, sliding from roughly $1.92 to $1.90 after failing to sustain a push toward resistance near $1.95. Price action remained contained within a relatively tight range, with total volatility of about 2.7%, reflecting indecision rather than capitulation.
Selling pressure intensified late Sunday as XRP was rejected near $1.93, triggering a move back below the psychological $1.90 level. That rejection reinforced a pattern of lower highs that has defined recent sessions, keeping short-term momentum tilted to the downside.
Technical analysis
The heaviest trading activity occurred around 22:00 UTC on Dec. 22, when volume surged to roughly 74.5 million tokens — about 68% above the 24-hour average. The spike coincided with a sharp rejection from resistance near $1.93, confirming active selling rather than passive drift.
Following the breakdown, XRP briefly dipped to the $1.89 area, where buyers stepped in to stabilize price. On lower timeframes, the decline showed signs of slowing, with consecutive candles holding above the session low near $1.893. A short-term rebound followed, pushing price back toward the $1.90–$1.91 zone, though without decisive follow-through.
