XRP Tests $1.90 Support as $2.00 Trendline Caps Recovery

XRP has slipped toward $1.93 after multiple attempts to reclaim the $2.00 area. Across the referenced chart read-throughs, the $1.90–$2.00 band stands out as the near-term decision zone: $1.90 is framed as immediate support, while $2.00 is described as both psychological resistance and an area reinforced by a descending trendline.

Market Context

According to the cited reports, XRP’s recent structure has been defined by rebounds that stall into the $2.00 region, followed by renewed selling pressure. This repeated failure near $2.00 suggests sellers are active on approaches to that level, while buyers have so far defended dips toward the high-$1.80s to low-$1.90s area. CoinDesk characterizes the move as a slide toward $1.93 despite early signs that a rebound attempt could develop, but emphasizes that follow-through remains uncertain. NewsBTC similarly highlights that the recovery has been meeting resistance around $2.00, keeping the short-term bias fragile unless that ceiling is reclaimed.

Key Levels

• Support: $1.90 as the immediate floor highlighted in the reports; additional downside levels are referenced around the high-$1.80s if $1.90 gives way.
• Resistance: $2.00 as the primary cap; the area is also described as aligning with a descending trendline that has limited rebounds.
• Critical zones: The full $1.90–$2.00 band is the main battleground; price acceptance above $2.00 versus rejection back below it may help clarify near-term control.

Indicators Snapshot

The sources point to momentum and trend signals that are mixed to cautious. NewsBTC references common momentum gauges (including RSI and MACD) in the context of a market attempting to stabilize but struggling to regain bullish traction near $2.00. In plain terms, this combination typically implies that upside attempts may lack momentum unless price can reclaim key resistance levels and hold them. CoinDesk notes early signs consistent with a potential technical rebound attempt, but the repeated failures near resistance suggest further confirmation would be needed before interpreting the move as anything more than a bounce within a contested range.

Scenarios (Next 24–72h)

• Bullish scenario: If XRP reclaims $2.00 and holds above the descending trendline resistance on follow-through, price could attempt a broader recovery toward the next overhead resistance zones referenced by the analysts.
• Base case: If XRP continues to reject near $2.00 while holding $1.90, price may remain range-bound inside the $1.90–$2.00 band, with short swings driven by failed breakouts and quick mean reversion.
• Bearish scenario: If $1.90 breaks and selling pressure persists, XRP could drift toward the lower supports mentioned in the high-$1.80s area, with risk of deeper pullbacks if buyers do not reappear.

Risk Notes

This analysis is for educational purposes only and does not constitute financial advice. Market conditions can change rapidly. Always conduct your own research and manage risk appropriately.

Sources

• https://www.coindesk.com/markets/2026/01/23/xrp-slips-to-usd1-93-despite-early-signs-of-a-technical-rebound
• https://www.newsbtc.com/analysis/xrp/xrp-price-signals-trouble-2-0/
• https://www.newsbtc.com/analysis/xrp/xrp-price-recovery-meets-resistance-2-0/