Can Bulls Defend $1.85 Before $1.77?
The post Can Bulls Defend $1.85 Before $1.77? appeared on BitcoinEthereumNews.com.
XRP struggles below key resistance zones, limiting upside despite short-term bounces. Support near $1.90–$1.92 is critical as a break risks sharper downside acceleration. Open interest and spot flows show cautious trading, signaling steady market engagement. XRP price action continues to draw attention as sellers maintain control on the 4H chart. The token trades near $1.896 after another failed recovery attempt. Price slipped back into a prior support area, which confirms sustained downside pressure. Recent candles show sharp rejection from higher levels, suggesting buyers lack conviction. Consequently, short-term momentum favors caution as XRP struggles to build a stable base. Market participants now focus on whether buyers can defend nearby supports or allow a deeper move. XRP Price Structure Remains Fragile XRP continues to trade below key resistance zones, which limits upside attempts. The $1.95–$1.97 region now acts as the first obstacle. Price must reclaim this area to slow selling pressure. However, sellers defended this zone aggressively during the last bounce. Additionally, the $2.01–$2.02 level holds greater importance. This area aligns with a key Fibonacci level and prior structure. A sustained move above it would improve sentiment. Above that, the $2.10–$2.17 range remains a major ceiling. Sellers previously stepped in there with force. Hence, bulls need strong momentum to challenge this zone again. The upper resistance near $2.28 remains distant under current conditions. XRP Price Dynamics (Source: Trading View) On the downside, XRP now tests the $1.92–$1.90 support band. This zone holds near-term importance. A clear break below it would weaken the structure further. Moreover, the $1.87–$1.85 area marks the next demand zone. If buyers fail there, downside acceleration could follow quickly. The $1.77 level stands as the major downside target. Buyers must defend this level to prevent a deeper decline. Meanwhile, indicators suggest limited relief potential. RSI hovers near oversold territory,…
Filed under: News - @ January 21, 2026 5:24 pm