XRP continues to face significant downward pressure as it struggles to break through the critical $1.90–$2.00 resistance zone. The token is currently trading around $1.896 after another failed recovery attempt, having declined nearly 11.6% over the past week and 6.6% over the past five days. Despite a modest 2.17% daily gain, the overall trend remains bearish with sellers maintaining control on the 4-hour chart.
Key support levels are now under intense scrutiny. The $1.85–$1.92 range represents a crucial support area, with a break below risking sharper downside acceleration toward December lows. Recent price action shows sharp rejections from higher levels, indicating buyers lack conviction and short-term momentum favors caution. The $1.90–$2.00 zone has historically triggered profit-taking behavior, with every push above $2 since mid-2025 resulting in notable losses as traders opt to take profits rather than add positions.
Technical analysis paints a cautious picture. According to CoinCodex, 26 technical indicators are bearish versus only 7 bullish, predicting a potential 0.74% dip to around $1.88 by February 20. Open interest and spot flows show cautious trading patterns, signaling steady but careful market engagement. However, some optimism exists from sustained ETF inflows highlighting strong institutional interest, which could spark a sharper rebound if broader market conditions improve.
The near-term outlook hinges on two critical levels: $1.85 for support and $2 for resistance. Clearing the $2 resistance could spark a bullish move, while dropping below $1.85 support might give bears the upper hand. Macro concerns including tariffs and soft global markets continue to pressure cryptocurrencies broadly, adding to XRP's challenges as it navigates this important turning point.
