XRP is trading below the key $2 level after failing to overcome resistance around $1.95. Blockchain data show that only about 52% of the circulating supply remains profitable. Consequently, nearly half of all tokens are underwater, raising the risk of panic‑driven selling.

Large investors are trimming positions. The top 1% of XRP wallets control 87.6% of the supply, down slightly from earlier in the month.

Technical Charts Highlight Key XRP Price Levels

Price action has deteriorated. XRP spent much of the recent session oscillating between $1.90 and $1.95 before sellers forced a breakdown through the $1.93 support zone. 

On‑chain cost‑basis data suggest that realized supply thins below $1.77 until roughly $0.80. Analysts warn that a decisive loss of $1.77 would expose a thin demand zone down to about $0.80.

Recent trading patterns reinforce the bearish bias. During a recent 24‑hour period, the token slipped from around $1.93 to $1.91 as a brief spike to $1.95 reversed quickly. 

Volume surged above average when the price fell to $1.907, signalling active selling rather than thin liquidity. Momentum indicators continue to point lower, and XRP remains below its short‑term moving averages.

The breakdown shifted the technical landscape. The former support area between $1.93 and $1.95 has become a resistance band. Bulls must defend $1.90 to prevent renewed selling, and any recovery needs to reclaim $1.93 on rising volume.

Also Read: Analyst Says $10,000 XRP in 2026 is Unrealistic: Here’s Why

Market Sentiment and Outlook

Broader market conditions are not helping Ripple’s token. Altcoins usually mirror the movement of large-cap stocks. Macroeconomic uncertainty has weighed on risk assets, and leading cryptocurrencies like Bitcoin and Ethereum declined in mid‑December. 

XRP price is stuck below $2 and trading near $1.92 after recent declines. Despite the pullback, the altcoin ranks among the largest cryptocurrencies and records high daily trading volume.

Support and resistance levels remain clear. Buyers need to defend the $1.90 floor, with stronger support near $1.82 or $1.70. $2 is both a psychological and technical barrier followed by a supply between $2.10 and $2.15 and a higher ceiling at $2.30. 

Analysts expect consolidation between $1.85 and $1.94 unless a catalyst sparks renewed buying interest. A breakout above $2 may lead to $2.10–$2.15 while a dip below $1.90 might trigger deeper losses toward $1.82 and possibly $1.70.