XRP Price Slides Below Key Support as Sellers Defend $1.90 Amid Choppy Crypto Markets

XRP price action weakened on Wednesday after the token slipped below short-term support, as sellers once again emerged near the $1.90 resistance level. The move kept XRP trapped in a tightening trading range and shifted market focus toward the $1.85 area, a zone many traders are watching closely for potential buyer defense. The broader crypto market remains volatile heading into the year-end period, when thinner liquidity and positioning often have an outsized impact on prices.

Across major cryptocurrencies, traders have favored short-term risk management over strong directional bets, particularly following recent whipsaw price moves. XRP has reflected this cautious environment, with rallies consistently faded near resistance and downside probes met with selective buying. This dynamic has resulted in compressed price action rather than a clear breakout or breakdown.

Analyst sentiment around XRP remains divided, adding to the lack of conviction. Some technical analysts point to a rising wedge pattern, which can signal downside risk if support levels continue to give way. Others note relative strength index divergence, a condition that sometimes appears near local exhaustion points and can precede a bounce. This mix of signals has reinforced the market’s tendency to sell strength and wait for clearer confirmation before committing to larger positions.

During the session, XRP initially held the $1.8615–$1.8700 support band, but late selling pressure pushed the token below that zone into a lower distribution range. Notably, trading volume surged near resistance, with activity peaking around 75.3 million tokens during the rejection near $1.9061. That figure was nearly double the 24-hour average, suggesting that larger market participants were selling into rallies rather than accumulating.

Intraday data showed multiple volume spikes as price fell from roughly $1.878 into the mid-$1.86 range, reinforcing that the move was driven by active selling flow rather than passive drift. Over the past 24 hours, XRP declined from $1.8942 to $1.8635, staying within a relatively contained 2.1% range.

For traders, $1.87 has flipped from support to a near-term decision point. A sustained reclaim could open the door to another test of $1.90–$1.91, while failure keeps attention on the $1.860–$1.855 zone as the next key area of interest.