Selling pressure has been building up, causing XRP to decline to the $1.88 level. Traders are paying close attention as the price action tests this macro support zone in a market that is experiencing a reduction in supply. XRP appears to have found a turning point in its recent price direction after falling below the support zone of $1.93. The selling pressure in the market has been escalating steadily.
As highlighted by Skipper_XRP on X, XRP has recently dipped below critical support levels, signaling a possible repositioning among traders. In the short term, technical factors are dominating price action, influencing trading decisions more than long-term fundamentals.
Currently, XRP is testing the $1.88 area, which coincides with the macro 0.5 Fibonacci support level. According to PrecisionTrade3 on X, this is a very strong level of support. While this zone can be intimidating, PrecisionTrade3 reassures traders, saying, “No need to worry or panic!” The $1.88 mark has been established as a critical line—any sustained drop below this level could lead to further losses. Should the price fall lower, the next significant support level lies at $1.85.
Despite ongoing inflows from spot ETFs in recent weeks, the current market movement appears to be primarily driven by technical positioning rather than fundamental developments. Traders are focusing more on short-term price movements than long-term narratives.
Interestingly, the supply of XRP has dropped significantly during 2025. Available tokens have decreased by approximately 45% since January, falling from around 3.9 billion to about 1.6 billion. This notable reduction in supply adds another dimension to the market dynamics.
Persistent trading below $1.88 continues to apply downside pressure on XRP. However, a rebound from this support level could trigger a bullish trend. PrecisionTrade3 emphasizes that testing support levels is actually a positive sign. The analyst draws parallels between XRP’s current situation and the recent price behavior of Bitcoin.
Assuming XRP holds above these support levels and avoids retesting new lows, bullish sentiment is likely to be restored. PrecisionTrade3 states on X that the outlook could become “very bullish.” Nonetheless, there is still some division in the market in the short term. While some traders view the current price levels as prime accumulation zones, others expect further declines before stabilization occurs.
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https://bitcoinethereumnews.com/tech/xrp-tests-critical-1-88-support-zone-amid-market-uncertainty/