XRP Drops Below $2 Support to $1.85 Amid Mixed Signals

XRP, the cryptocurrency associated with Ripple, has fallen below the closely watched $2 support level, trading around $1.85 as of late December 2025, amid heightened technical pressures and mixed market signals. The token's decline, which erased nearly 8 percent over the past week, reflects ongoing consolidation after a year of underperformance compared to other major cryptocurrencies, with traders now debating whether it signals a deeper correction or a setup for recovery.

The price drop follows a failed attempt to sustain levels above $2 earlier in the month, confirming a breakdown of a multi-month support trendline that had previously triggered several rebounds. On December 17, XRP dipped as low as $1.84 during a volatile session marked by elevated trading volume, up 35 percent above the 30-day average, indicating active participation from large traders. The token briefly recovered to $1.93 before reversing, closing below key moving averages and Fibonacci retracement levels near $1.93, which now acts as resistance. Momentum indicators, including the Relative Strength Index (RSI) on weekly charts at around 33, show oversold conditions that have historically preceded rallies,...