Ripple (XRP) Price Prediction: Critical Price Gap Emerges as $1.80 Support Falls

XRP is currently trading around the $1.40 mark and continues to show bearish characteristics across the board. As we highlighted in our previous analysis, the price was losing momentum and has now broken below the $1.60 support level we were monitoring. The broader market experienced a sharp flash crash that sent Bitcoin testing the $60,000 level, which has further intensified the bearish pressure on altcoins including XRP. That said, we are now seeing some stabilization in the market as selling pressure appears to have exhausted itself. This could present an opportunity for bulls to regain some footing or potentially trigger a short-term relief rally. Let's dive into the latest XRP charts to see where the price might be headed in the coming days.

Our XRP Price Prediction Summary

• XRP broke below the $1.80 support that held for two months and is now testing $1.30 as the next critical level.
• The daily RSI is nearing oversold levels which could trigger a short-term relief rally or consolidation before further downside.
• The weekly chart shows an unfilled price gap between $0.75 and $1.80 that could pull XRP lower if bearish momentum continues.

Analyzing the Charts

Support Levels Crumble

Looking at the latest daily charts for XRP, we can see that the price has been in a steady decline over the past few weeks and has failed to establish any meaningful support since the rejection at the $2.40 resistance zone earlier in January. The price recently broke below the $1.80 support level, which had held firm for over two months. This breakdown triggered a significant sell-off that quickly took out the $1.60 support level as well. The flash crash pushed XRP as low as $1.11, but we are now seeing some recovery as the price attempts to bounce back and build momentum. The critical support level to watch at this stage is $1.30. This zone carries significant weight because a breakdown below it would likely extend the sell-off and send XRP toward even lower levels rather than allowing for any consolidation or relief rally to develop.

Short-Term Outlook and RSI

However, with the daily RSI approaching oversold territory, there is a possibility we could see a short-term relief rally or some sideways consolidation in the near future. At this stage, it appears more likely that the price will consolidate around current levels before eventually breaking below $1.30 and continuing the broader downtrend. For bulls to gain any meaningful traction, they would need to generate strong buying pressure and push the price back above $1.60. A successful retest of that level would be crucial in shifting momentum and providing the foundation for a potential relief rally.

Weekly Timeframe Analysis

When we zoom out to the weekly timeframe for XRP, the bearish outlook becomes even more apparent. The bearish divergence we identified months ago continues to play out, steadily driving the price lower without showing any signs of invalidation. XRP has now broken below the $1.80 support level that had been holding for an extended period.

The real concern here is the price gap. XRP surged from $0.75 to $1.80 without building any real price structure along the way. These gaps typically get filled as the market retraces back to establish support at those levels. If that happens, we could see XRP drop back toward $0.75 fairly quickly. The $1.00 mark would likely provide some temporary support given its psychological significance, but if the broader market remains weak and sentiment continues to deteriorate, even that may not hold. This is why our current XRP price prediction maintains a bearish bias.

Final Takeaway: What is Next for XRP?

XRP is trading around $1.40 and remains under bearish pressure following the recent flash crash. The breakdown below $1.80 has opened the door for further losses, with $1.30 being the next key level to watch. The daily RSI is approaching oversold territory which could lead to some consolidation or a short-term bounce, but the weekly timeframe shows an active bearish divergence and a price gap from $0.75 to $1.80 that needs to be filled. Bulls need to push back above $1.60 to change the momentum. Until that happens, our XRP price prediction leans bearish.