The XRP price remains under pressure, trading near $1.91, even as Ripple CEO Brad Garlinghouse expresses strong confidence in the crypto market’s long-term future. Broader market weakness and falling Bitcoin prices continue to weigh on sentiment.
Garlinghouse believes 2026 could be a turning point for digital assets, especially if the U.S. delivers clearer regulations. He recently backed the draft CLARITY Act, saying defined rules are better than ongoing uncertainty for both companies and investors.
Despite that optimism, XRP has slipped about 1.7% in the past 24 hours. The token briefly moved toward $1.98 earlier in the week but failed to hold the gains as sellers regained control.
From a technical view, XRP is forming a descending wedge on the daily chart. This pattern often signals weakening bearish momentum and the possibility of a trend reversal if buyers step in.
For a bullish shift to take hold, XRP needs a daily close above $2.00. A stronger move through the $2.10 to $2.20 range could improve the short-term XRP outlook and attract fresh buying interest.
On the downside, support at $1.90 is critical. A break below that level could push XRP toward $1.85, with stronger demand expected around the $1.80 zone.
Market sentiment around XRP has turned sharply negative, with fear dominating social discussions. Historically, such extreme pessimism often appears near the later stages of sell-offs rather than the start.
At the same time, on-chain data shows XRP moving off exchanges into private wallets. This trend is commonly linked to accumulation by longer-term holders during periods of heavy fear.
Overall, the XRP price prediction reflects a market caught between short-term weakness and signs of potential recovery. A decisive move above $2.00 may be the key to shifting momentum back in favor of the bulls.
