On December 22, XRP, one of the leading altcoins, broke below the crucial support level of $1.93, signaling a weakened technical outlook as selling pressure intensified. This move occurred during a mixed day in the cryptocurrency market, with Bitcoin 
$77,420 struggling to maintain recent recoveries and major altcoins facing selective pressure. Since losing the $2.00 level at the start of the month, attempts at a reactive rally for XRP have failed to gain sustained momentum. In the short term, the defense of the $1.90 level has become a boundary for further downward movement.
XRP Sellers Gain Control After Support Break
On Saturday night, XRP moved downwards from consolidation, breaking below $1.93. As trading volume increased, it became clear that sellers were in control. For most of the session, XRP traded between $1.90 and $1.95, but a loss of the $1.93 support, especially during U.S. trading hours, turned the trend downward. With the lower boundary of the range breached, $1.93 has now become resistance for any recoveries.
The most notable movement was observed on Saturday at 16:00, when the price fell to $1.897 while volume spiked to about 93.8 million coins, approximately 78% above the 24-hour average. Attempts to retest $1.95 were firmly rejected throughout the day. Towards the end of the day, sales accelerated, and XRP dipped to $1.907. Over the 24-hour window ending at 03:00, the price shifted from $1.926 to $1.915.
Focus on the $1.90 Defense and $1.77 Threshold
In the technical chart for XRP, the $1.93–$1.95 range now acts as resistance, while $1.90 serves as the first line of defense. On the hourly chart, XRP is trading below short-term moving averages. Momentum indicators exhibit a downward trend rather than divergence, supporting a bearish direction.
Further downward, the $1.77 level emerges as a critical threshold. According to Glassnode’s blockchain-based cost data, there is an area below $1.77 where the realized supply decreases, with the next major support around $0.80. This region is recognized for experiencing strong accumulation in past cycles. Although this scenario indicates a longer-term risk, the loss of intermediary support increases vulnerability to extended declines. A recovery attempt would require reclaiming $1.93 with increased volume.
