XRP Breaks Key Support, Faces Potential Downside to $0.50

News Flash 2026-01-31 21:30

XRP has confirmed a significant technical breakdown, falling below the crucial $1.80–$1.90 support zone. This move, highlighted by analyst The Great Martis, signals structural weakness in the cryptocurrency, with XRP dropping to a low of $1.71, its lowest price in 2026. The breach of this long-defended support suggests a shift from consolidation to potential downside momentum. Analysts, including CasiTrades, project further declines, targeting $1.65 as part of a broader corrective wave. The failure to reclaim the $1.90 level indicates ongoing downside pressure, with potential long-term targets as low as $0.50 if the corrective cycle continues. However, some analysts anticipate a rebound once key support levels are tested, with potential recovery towards $2.70.

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