Crypto Market Mixed as XRP Slips Below $2, Analysts Weigh In

• XRP trades around $1.95, with price weakness accompanied by lower trading volume.
• Analysts predict possible short-term stabilisation after a trend retest and gap fill.
• XRP stays above the $1.30 support, forming a base with potential targets up to $10+.

Crypto markets remained mixed today, with the total market value hovering around $3.13 trillion and showing little overall movement. Bitcoin traded near $92,000, while Ethereum held above $3,100. The Fear and Greed Index stayed in neutral territory, and activity in altcoins was uneven, with some tokens posting small gains and others moving sideways.

XRP is trading lower today at around $1.95, and the decline is happening alongside a drop in trading volume.

XRP Short-Term Analysis

XRP showed signs of technical stabilization on Monday after completing a daily trend retest and filling a short-term price gap on the four-hour chart, according to a market analyst. The move could mean that the near-term downside pressure may be easing following recent weakness.

Some analysts now expect XRP to begin moving more independently from the broader crypto market. 

Analyst Ali Martinez said XRP may be forming a falling wedge pattern, a chart structure often associated with bullish breakouts, which could open the way for a recovery toward the $2.23 level if buying interest strengthens.

XRP Long-Term Price: Multi-Year Breakout?

Another analyst said XRP is trading above a multi-year breakout area on higher-timeframe charts after completing an accumulation phase. According to the analysis, XRP has already made a strong move higher from the breakout near $0.60 and is now forming a base for the next upward leg.

The structure remains bullish as long as the price stays above the $1.30 level. The main accumulation zone is seen between $1.30 and $1.90, which is acting as support. 

The analyst outlined potential upside targets at $3.50, $5.00, $8.70, and above $10, while noting that a sustained move below $1.30 would weaken the bullish outlook.

Markets are now watching the bigger picture, including trade tensions, U.S. economic data, and central bank signals. Reports of possible U.S. tariffs on Denmark and other European countries have added uncertainty and hurt investor confidence. If tensions ease, it could help improve overall market sentiment and support a recovery in risk assets like XRP.

Related: XRP Pulls Back After Early-2026 Rally as Technicals Turn Bearish