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XRP broke down from a multi-day consolidation late Saturday, slipping below the $1.93 support zone as elevated volume confirmed sellers were in control, even as broader crypto markets remained mixed. News background The move comes amid a broader cooling in risk appetite across crypto, with bitcoin struggling to hold recent rebounds and large-cap altcoins seeing selective pressure rather than broad capitulation. Analysts have noted that XRP, in particular, has been vulnerable since losing the $2.00 handle earlier this month, with repeated rebounds failing to attract sustained follow-through. On-chain data from Glassnode shows that below $1.77, realized supply thins significantly until the $0.80 area, a level that previously marked heavy accumulation during earlier cycles. While that remains a longer-term scenario, the loss of intermediate support has increased sensitivity to downside extensions. Technical analysis XRP spent most of the session trading within a $1.90–$1.95 range before sellers forced a breakdown through the lower bound. The $1.93 area, which had acted as support through multiple tests, gave way during U.S. hours as volume expanded well above recent averages. The most decisive move occurred around 13:00 UTC, when price slid to $1.897 on volume of roughly 93.8 million tokens, around 78% above the 24-hour average. That move flipped the former support zone into resistance and confirmed a failure of the prior consolidation structure. On the hourly chart, XRP is now trading below its short-term moving averages, with momentum indicators rolling over rather than showing divergence. The inability to reclaim $1.93 quickly keeps the near-term bias tilted lower. Price action summary XRP fell from $1.926 to $1.915 over the 24-hour period ending Dec. 22 at 02:00 UTC Price briefly spiked to $1.95 earlier in the session before reversing sharply A late-session push lower saw XRP trade down to $1.907 during the final hour Volume accelerated…

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Filed under: News - @ December 22, 2025 5:29 am