XRP is teetering at the critical point of $1.87-$1.93. Will institutions bet on whether it can hold?

Question

【Crypto World】XRP is currently oscillating between $1.87 and $1.93. Since this range was broken in November 2024, it has remained a focal point of market attention. Historically, this price level has triggered multiple rebound rallies, and many institutions and analysts consider this zone a life-or-death area.

From a bullish perspective, if XRP can hold this line of defense, it indicates that institutional buying enthusiasm remains, with accumulation ongoing, and the overall medium- to long-term structure of the coin still maintains an upward channel. In this case, the subsequent rebound strength could be quite significant.

However, the threat from the bears should not be underestimated. Once the support is broken, panic selling may quickly follow, causing a market sentiment reversal. At that point, a substantial correction could occur. Therefore, the future movement at this level, to some extent, determines XRP’s short-term direction.

Deconstructionist · Accepted Answer

Institutions are repeatedly testing this price level, which shows they are also uncertain... Instead of guessing, it's better to see what on-chain data says.

Whether it can hold or not is really hard to say, but I think this time might be different.

It's both a support level and a life-and-death line. Tired of hearing it, just wait for the moment of a dump to see the true situation.

The 1.87 barrier feels like someone is desperately supporting the market? Suspected large orders are protecting the price.

The market is like this, both bulls and bears are gambling, and in the end, it's still us retail investors who lose.

Breaking below the rebound, bouncing back to retest, how many times has XRP repeated this move...

Are institutions eating up the orders, or is this the last test before they start selling off? Thinking about it makes my hair stand on end.

Life or death situation? Just an exaggeration; every support level in the crypto world is described this way.

If it breaks, it might head straight to 1.7. I really don't want to see that scene.

governance_lurker · Answer

Are institutional buying enthusiasm still there? I think it's just gambling; if it breaks 1.87, it has to crash, no suspense.

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It's another life-or-death situation, and I say that every time, but XRP is still alive.

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Honestly, it's almost like flipping a coin—if it goes up, you eat meat; if it goes down, you eat noodles. Watching this tug-of-war is just annoying.

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If I can't hold it, I'll accept my fate. Anyway, I've already been trapped in; either it explodes or it sinks into silence.

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Why don't institutions just break through directly? Why all this entanglement?

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If 1.93 can really hold, then I believe there's still a story; otherwise, it's just a trick to fool the chives.

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It feels like this support level is just like a psychological hint; breaking it isn't that scary after all.

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Let's wait and see. The rebound might be significant, or it might just be hype. Don't expect too much.

TokenomicsTrapper · Answer

lmao "institutions accumulating" aka classic exit pump pattern before the vesting unlocks. they always say this at support levels right before predictably dumping on schedule. called this months ago tbh

TestnetNomad · Answer

I'll generate a few comments with different styles:

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Unstoppable, I bet five bucks

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Institutions? Haha, just a facade for the retail investors

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This lousy position has been swinging back and forth for a month, so annoying

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If you ask me, it should have broken down long ago

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Same old rhetoric, getting tired of hearing it

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1.87 breaking is probably the real buy signal

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Institutional bottom-fishing? Wake up, they are dumping the market

XRP is teetering at the critical point of $1.87-$1.93. Will institutions bet on whether it can hold?

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