As XRP bullish momentum stalls, a community analyst has highlighted a critical condition that could prevent the token from sliding to $1.80.
XRP kicked off 2026 on a strong footing, rallying from around $1.84 to roughly $2.41 earlier this week. However, that momentum quickly faded. As the broader market pulled back, XRP surrendered most of its gains, sliding to around $2.07 yesterday.
Bearish Pressure Stalls XRP Bullish Run
Amid the growing uncertainty over XRP’s next move, analyst ‘CRYPTO CAPTAIN’ warns that the token could face further downside if bulls fail to regain control.
In his analysis, CAPTAIN shared a chart showing that XRP has been trading within a descending triangle since October 2025. According to the chart, XRP broke out of this formation earlier this month, climbing to about $2.40, but the rally stalled.
CAPTAIN noted that XRP has already confirmed a breakout from its descending channel. However, instead of extending the rally, the price is now pulling back to retest a critical support zone around $2.05–$2.10.
Notably, this zone previously served as resistance, underscoring its importance in holding as support to preserve bullish momentum. As a result, bulls must defend this area to keep the rebound scenario intact.
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XRP 1D Price Chart From Bitstamo
XRP Risks Dropping to $1.80: CAPTAIN
According to CAPTAIN’s analysis, XRP must attract strong buying pressure and secure a daily close with a bullish structure to confirm the breakout and pave the way for another leg higher. Conversely, he warned that if the price fails to turn bullish before the daily close, it would signal weakening demand at support and heighten the risk of further downside.
In that case, sellers could reclaim control, increasing the probability of a deeper pullback. CAPTAIN specifically identified $1.80 as the next downside target.
Notably, XRP last traded near $1.80 in late December 2025, but has remained above that level so far this month. Meanwhile, XRP is slightly above the highlighted support level, trading at $2.15.
CAPTAIN emphasized that timing remains critical in shaping XRP’s next move, as failure to reverse before the daily close could still open the door to a decline toward $1.80.
At its current price, XRP is down 1.09% on the day, although it remains up 13.64% over the past seven days with a 30-day gain of approximately 2.95%.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
