XRP is approaching a critical inflection point as price action compresses near the $1.92 level, placing short-term technical structure against longer-term projection models that continue to divide market participants.
While some analysts focus on immediate bearish signals across lower time frames, others reference historical patterns and regulatory progress to argue for longer-term upside potential. The tension between these perspectives reflects ongoing uncertainty surrounding the XRP price outlook, particularly in the absence of confirmed structural reversals.
XRP Price Today Near $1.92 as Technical Pressure Builds
The current XRP price is trading around $1.92, based on recent chart data shared by market analyst Austin (@Austin_XRPL). On the four-hour XRP/USD chart, price remains capped beneath a descending trendline, with technical indicators highlighting sustained resistance rather than renewed momentum.
XRP trades at $1.92 with bearish signals as @Austin_XRPL notes market indecision before potential regulatory updates. Source: Austin via X
Commenting on the setup, Austin noted, “Time to make a decision $XRP,” underscoring the importance of the current range for near-term direction. His observation follows XRP’s January decline from highs near $2.14 to levels below $1.90, after which the price stabilized but failed to reclaim higher resistance.
Despite a modest intraday uptick, the XRP price today continues to reflect hesitation. Market responses emphasize indecision, selective hedging strategies, and broader weakness across the altcoin sector, which has struggled amid shifting liquidity conditions and Bitcoin’s continued dominance.
Short-Term Structure Remains Bearish on Lower Time Frames
From a structural standpoint, XRP remains under pressure across multiple lower time frames. Analysts point out that earlier bullish fair value gaps (FVGs), created during the prior upside expansion, have now been filled—removing previous upside inefficiencies that often support continuation moves.
XRP remains in a bearish pennant, needing a $2.00 reclaim to confirm bullish continuation. Source: Mrctradinglab on TradingView
On the eight-hour chart, XRP remains within a bearish structure, with recent upward movement still classified as corrective rather than impulsive. Price is consolidating inside a pennant formation, a pattern typically associated with compression rather than confirmation of trend reversal.
While the reaction from the 0.75–0.786 Fibonacci retracement zone is technically valid, it does not yet signal a structural shift. Without a decisive reclaim of the $2.00 level supported by strong closes, the risk of a lower high and renewed downside liquidity remains active.
Elliott Wave Projections Add Long-Term Context, Not Confirmation
Alongside short-term caution, longer-term XRP price prediction models based on Elliott Wave theory have resurfaced. Crypto analyst Steph Is Crypto (@Steph_iscrypto) shared a weekly XRP/USD chart outlining a potential Wave 5 extension following previously labeled corrective phases.
A weekly XRP chart shows a potential Wave 5 from $1.92, though projections remain highly speculative. Source: STEPH IS CRYPTO via X
The model suggests that, under specific conditions, XRP could eventually revisit significantly higher levels based on Fibonacci extensions. However, Elliott Wave analysis on XRP has historically undergone frequent revisions and invalidations, particularly during extended range-bound periods where wave counts struggle to maintain consistency.
Importantly, these projections should be viewed as scenario models rather than forecasts. For the Wave 5 thesis to remain technically valid, XRP would need to establish a sustained impulsive structure and reclaim key resistance levels, including the $2.00 zone, on higher time frames. Failure to do so would structurally invalidate the bullish wave interpretation.
Looking Ahead: XRP Price Outlook Remains Structure-Dependent
Overall, analysts broadly agree that the XRP price outlook depends less on long-term projection models and more on immediate structural confirmation. Until XRP breaks out of its current consolidation and reclaims the $2.00 level with conviction, longer-term upside scenarios remain secondary considerations.
XRP was trading at around $1.921, up 0.49% at the last 24 hours at press time. Source: XRP price via Brave New Coin
For longer-term readers, this distinction is critical. Ambitious projections have limited relevance unless short-term structure improves and confirms a transition from corrective to impulsive price action.
Until such confirmation occurs, XRP remains in a transitional phase where both continuation and downside scenarios remain plausible. As technical assessments consistently emphasize, structure—not speculation—will determine the next move, making the $1.92–$2.00 range a defining zone for XRP’s near-term trajectory.