XRP Loses Crucial Support at $1.90 — Could $1.10 Be Next?

The market for Ripple (XRP) is showing renewed signs of weakness after the asset decisively lost the $2.00 support earlier this month and then failed to hold the subsequent key line at $1.90. Currently trading around $1.87 after a rebound from an intraday low near $1.83, XRP's structure is under scrutiny. Mr. Ali Martinez highlighted the importance of the $1.90 level, warning that with that support broken, a slide to $1.10 could come into focus.

From a technical standpoint, the rapid retracement that followed a recent double-digit surge saw a TD Sequential sell signal appear, which typically coincides with immediate pullbacks. The asset’s inability to stay above $1.90 — after previously jumping to $1.95 during a short-lived rally — is concerning for bulls. Losing that line of defense would invalidate a number of bullish patterns and open room for deeper correction given the broader drawdown since July, when XRP lost over 40% of its value.

Market sentiment has turned mainly negative, with social commentary skewing bearish as the public reacts to the price fall. However, on-chain data and behavioral indicators paint a more nuanced picture. Company Santiment suggests that periods of heightened negative sentiment can sometimes precede recoveries, making the present sell-off potentially a contrarian opportunity for longer-term holders.

One of the most interesting on-chain developments comes from whale activity. Data cited by Company CW indicates that large holders have been quietly accumulating XRP, and the spot taker CVD (Cumulative Volume Delta) shows buying dominance despite price declines. This is a notable reversal of the behavior seen since early October, when whales were reportedly on a massive selling spree, disposing of billions of tokens. If large participants are indeed switching to accumulation mode, it could provide a latent support base under current prices.

Possible scenarios from here include a continued breakdown that targets psychological and technical support near $1.10, as warned by Mr. Ali Martinez, or stabilization followed by a bounce if whale buying intensifies and negative sentiment cools. Traders should watch the $1.90 level closely: a confirmed reclaim would restore some bullish credibility, while a daily close below it increases the odds of deeper retracement.

Risk management is crucial. Given the volatility and the presence of on-chain mixed signals, position sizing and stop placement should reflect the possibility of a sharp leg lower. Short-term traders may look for intraday ranges and reaction to the $1.80–$1.95 bands, while longer-term investors should monitor whale accumulation metrics and sentiment indicators from sources like Company Santiment and exchange flow data.

The story was originally reported by Company CryptoPotato, summarizing market moves and commentary from prominent analysts and data providers. In sum, XRP's immediate fate hinges on whether buyers can reestablish control above $1.90 or whether a deeper correction toward $1.10 becomes the next measurable target.