XRP Falls After Range Break Signals Sustained Bearish Momentum

XRP slipped after failing to hold a multi-day trading range, with reports characterizing the move as a breakdown that signals sustained bearish momentum ^[1]. The coin fell roughly 4% amid the pullback and was trading near the $1.88 area as traders monitored whether that support would hold ^[4].

Analysts and outlets noted the drop erased much of XRP's early-2026 gains; one report said the token has returned to its 2026 starting position after a nearly 25% decline from a Jan. 6 peak above $2.40 ^[5]. Commentary highlighted weakening demand — including concerns about diminished ETF-related flows — and the return of sellers as factors that could extend losses ^[3].

Market participants also pointed to structural market dynamics that can hide large transfers of value, with one commentator arguing that significant sums can move through XRP without visible price action — a factor that complicates on‑chain interpretation of price moves ^[2].

Some longer-term technical views remain bullish: one analysis placed XRP in a multiyear 'Phase 4' structure and argued that a path to much higher price levels is possible over extended timeframes, contrasting with the short-term bearish setup ^[6].

In the near term, market watchers are focused on whether immediate support around $1.88 holds after the range breakdown; the mix of short-term bearish signals and divergent longer-term analyses leaves the outlook dependent on price action and liquidity flows ^[4][1].