XRP Trades at $1.85 Amid Ongoing Market Downtrend and Supply Shrinkage

Recent analyses show XRP is testing key support levels, struggling to maintain previous highs. The price fell below the $2 psychological level amid market volatility.

XRP Key Support and Market Dynamics

XRP broke below $1.93, indicating increased selling pressure.
Currently trading at $1.85, down 2.7% in 24 hours and 7.8% over seven days.
Sustained trading below $1.88 maintains downside pressure; potential stabilization around $1.85.
Market supply reduced by 45% from 3.9 billion to 1.6 billion tokens since early 2025.

XRP

Continued Downtrend Amid Market Weakness

XRP fell 5% due to fresh selling pressure, reaching lows of $1.81.
Maintains a steady downtrend since July 2025; reversal requires surpassing $2.27.
Historically, strong rallies follow after staying below the 50-week SMA for 50-84 days; currently at 70 days.

XRP