3 Danger Signals of XRP Falling Below IDR 23,897: Investors Must Be Alert!

Jakarta, Pintu News – The crypto market has been surprised again by the price movement of Ripple which has shown a significant weakening trend in recent times. You may be aware that this digital asset has just broken through a critical support zone that sparked concerns among day traders. Currently, the main focus is on whether the cryptocurrency asset is able to maintain its position or it will be dragged deeper towards lower price levels.

XRP Selling Pressure Breaks Key Support Level

The price of Ripple (XRP) is currently witnessing a sharp decline to touch below the Rp23,897 ($1.42) mark which was previously a major stronghold. You can see that there is a massive selling pressure in the cryptocurrency market due to the failure of this asset to maintain bullish momentum above this psychological level. Technical analysts consider that the breakout of this level is a strong bearish signal for the price movement in the short term.

The current market conditions show that buying interest tends to be weaker compared to the volume of distributions made by large holders. If you look at the trading chart, it is clear that there has been a consistent downward pattern since XRP failed to break through the resistance barrier at the upper level. The uncertainty of global sentiment has also contributed to depressing the price of this crypto asset, making many investors choose to take a wait-and-see attitude.

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Potential for Further Decline Toward Rebound Area

After losing ground at IDR23,897, the next downside target for XRP is expected to be around the lower support area. You should anticipate the price to test levels around IDR21,877 ($1.30) if the selling pressure does not ease in the near future. Experts argue that this area will be the deciding point whether the cryptocurrency will experience a technical rebound or enter a deeper correction phase.

Although technical indicators are currently showing oversold conditions, price recovery usually requires a strong positive catalyst from the fundamentals. You should keep a close eye on trading volumes as an increase in volume during a price drop often signals that the bottom-finding process is still ongoing. A strict risk management strategy is highly recommended for those who wish to accumulate amidst the highly volatile market conditions.

Price Recovery Scenario Amid Market Uncertainty

The hope for XRP price recovery is still there provided the asset is able to quickly return and hold above the IDR23,897 level in the daily close. You can observe that a successful re-break of the level would invalidate the bearish scenario and pave the way for a more stable price recovery. Long-term investors usually see price corrections in the crypto market as an opportunity, but it should still be done with a deep analysis of the macro trends.

The overall market sentiment towards cryptocurrency assets will greatly affect the speed of Ripple’s price recovery in the future. You should understand that market dynamics are extremely volatile, where even the slightest positive news can trigger a sudden spike in price. Stay informed about regulatory developments and the crypto ecosystem so that you have a comprehensive view of making smart investment decisions.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

• Aayush Jindal/NewsBTC. XRP Price Sinks Beneath $1.42: Can The Bulls Protect Further Downsides?. Accessed February 24, 2026.