Selling pressure intensifies as high-volume activity appears near resistance amid thinning year-end liquidity.
XRP has entered a softer phase after losing key short term support levels, shifting market focus toward the $1.85 price zone. The recent decline followed repeated failures to hold above the $1.90 area, where sellers consistently emerged. This price behavior reflects a market that struggled to sustain upside momentum despite multiple recovery attempts.
The inability to defend former support has altered the near-term technical outlook.
Market data shows elevated trading volume near resistance, a pattern often associated with distribution rather than accumulation. Larger participants appeared to sell into price strength, limiting upside progress and reinforcing bearish pressure. Such activity suggests that recent rallies were met with strong supply, preventing XRP from establishing higher highs.
$1.85 Level Becomes Immediate Area of Interest
With short-term supports breached, $1.85 now stands out as the next key level watched by traders. This zone has previously acted as a demand area and may determine whether XRP stabilizes or extends its decline. A sustained hold could encourage consolidation, while a decisive break may expose lower support regions.
The wider crypto market remains volatile as year-end liquidity thins, often amplifying price swings. In such conditions, traders tend to prioritize short-term risk management, leading to quicker exits and reduced tolerance for drawdowns. XRP’s recent move reflects this cautious environment rather than isolated token-specific developments.
Until XRP reclaims lost support with convincing volume, downside risks remain elevated. Traders are expected to closely monitor volume behavior and price stability near $1.85 for early signs of either renewed selling pressure or a potential base formation.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.