XRP is navigating a delicate consolidation phase as traders balance improving macro liquidity conditions against unresolved technical resistance, leaving the market poised for a potential momentum shift.

The XRP price today remains confined to a narrow range, reflecting cautious positioning after recent volatility. This type of compression has been a recurring feature in XRP’s historical price behavior, where extended consolidations near higher-timeframe support often persist until volume expansion provides clearer directional confirmation.

XRP Price Today Holds Near Critical Support

Recent price behavior shows XRP consolidating just below a key technical threshold. On the monthly XRP price chart, analyst ChartNerd (@ChartNerdTA) identified $1.889 as a critical support level, a zone that closely aligns with a former range high and a high-volume node from prior trading cycles.

XRP hovers in consolidation as bulls await a confirmed technical green light before the next decisive move. Source: @ChartNerdTA via X

“$XRP: Waiting for a green light,” ChartNerd wrote, explaining that sustained acceptance above this level could reopen upside toward $3, while a failure to hold may expose a deeper retracement toward the $1 region. The significance of this zone lies less in the level itself and more in how price behaves around it, particularly whether buyers are willing to absorb sell pressure on higher timeframes.

XRP’s brief dip toward $1.85 reinforced the importance of this support band. The analyst reiterated an earlier December outlook, emphasizing patience and confirmation before positioning aggressively. Rising exchange inflows were cited as a near-term risk factor, as historically, similar inflow spikes have coincided with distribution phases rather than immediate breakouts.

Technical Outlook: Bulls Watch $1.92 for Confirmation

From a shorter-term perspective, TradingView analyst subhikarkar55, who focuses on intraday and swing-level structure, outlined a potential recovery path. According to the analyst, XRP must first reclaim $1.88, a level that previously acted as short-term value support, to stabilize momentum.

XRP at $1.8516 eyes a rebound to $1.88, with a potential move toward $1.9213 if resistance is broken. Source: subhikarkar55 on TradingView

“Recent price at $1.8516 suggests a rebound toward $1.8800,” the analyst noted, adding that a clean move above this area could open a test of $1.9213. Technically, the $1.92 zone corresponds with the upper boundary of XRP’s recent value area, where prior advances stalled amid weakening spot volume.

As a result, analysts increasingly view this level as a confirmation threshold rather than a breakout target. A sustained close above $1.92, supported by rising spot participation rather than derivatives-led momentum, would carry more analytical weight than a brief intraday spike.

Fed Liquidity Injection Adds Macro Tailwind

Beyond chart structure, macro liquidity developments have drawn attention. Market commentator Amonyx (@amonyx) pointed to a recent Federal Reserve repo operation, stating that the Fed injected $29.5 billion into the financial system in late December.

The Fed injects $29.5B into the economy, sparking bullish momentum for XRP. Source: @amonyx via X

Official data, however, shows accepted repo amounts closer to $25.45 billion, primarily across Treasury, agency, and mortgage-backed securities. Similar year-end operations in previous months have approached the higher figure, reflecting routine balance-sheet management rather than a targeted stimulus for risk assets.

While such liquidity measures can indirectly support broader market stability, historical data suggests XRP’s correlation with short-term repo operations has been inconsistent. In prior year-end liquidity events, XRP price responses have depended more on prevailing risk sentiment and internal market structure than on liquidity injections alone.

Final Thoughts

XRP remains in a compression phase, with price action reflecting a balance between technical caution and modest macro tailwinds. While Federal Reserve liquidity operations may help stabilize broader financial conditions, analysts continue to emphasize that XRP’s next move hinges on technical confirmation, not narrative catalysts.

XRP was trading at around 1.86, up 0.22% in the last 24 hours at press time. Source: XRP price via Brave New Coin

For short-term traders, a high-volume close above $1.92 would serve as the clearest signal of improving momentum. For longer-term participants, the ability of XRP to hold above the $1.88–$1.89 support zone may matter more than short-term volatility. Until those conditions are met, market behavior suggests participants remain disciplined, prioritizing structure and confirmation over anticipation.

BNB price today sits at a critical point for Australian traders. We track BNBUSD as BSC activity cools and futures interest softens. A bearish pennant points to a possible retest of $700 unless price regains $945. Yet trend strength and 2025 adoption highs keep a move toward $989 in play. For AU-based investors, these USD levels guide local AUD pairs, spreads, and timing into the New Year’s session.

Why $700 risk is back on the map

BNB price today faces pressure as core network usage slows. A key BSC metric reportedly plunged about 80%, signaling thinner on-chain demand and lower fee burn. That weakens upside momentum and raises drawdown odds. See the network data context here: CoinGape. With lighter activity, sellers can test supports faster, keeping $700 in view.

BNB price today also reflects a softer derivatives backdrop. Lower open interest often means smaller liquidity pockets and sharper moves around stops. If spot bids fade near prior supports, bears can press price toward the measured move of the pennant. Until liquidity returns, any bounce may struggle unless buyers defend higher lows above $900.

What keeps $989 in play

Despite near-term risk, BNB price today still holds a bullish pathway. Our recent analysis flagged strong trend readings and improving volume on rallies, supporting a move toward $989.62 when momentum aligns. If buyers keep daily closes above higher supports and pullbacks are shallow, dip demand can reset the trend and squeeze shorts into late-session strength.

BNB price today benefits from broader network adoption. In 2025, BNB hit a 279 million milestone, highlighting growing user reach and developer pull. Larger ecosystems tend to smooth volatility over time and attract liquidity during risk-on phases. Read more on the milestone here: AMBCrypto. Adoption can underpin rebounds when technicals turn.

The line to reclaim: $945

For BNB price today, $945 is the pivot. Reclaiming and holding above it invalidates the bearish pennant and improves odds of a push to $989.62. Failure to close above $945 keeps sellers in control, with $900 and $870 as checkpoints. Loss of those opens room to revisit $820 and, in a worse case, the $700 retest.

BNB price today may see volatility around the Asia open and late US hours, which fall mid-morning to afternoon AEDT. AU traders can track AUD pairs for slippage and use limit orders during thin liquidity. A simple plan: watch for a clean 4-hour close above $945 for longs, or a rejection there for short-biased hedges.

BNB price today: scenarios and levels

If momentum fades, BNB price today can revisit $900, then $870. A break below $850 raises risk to $820. The pattern’s lower target sits near $700 if selling accelerates on low liquidity. Traders can scale entries near supports and avoid chasing breakdowns, focusing on clear closes and measured risk per trade.

If buyers reclaim $945 with rising volume, BNB price today can target $970 first, then $989 to $989.62. A strong close above $990 sets up $1,020 to $1,050 extension. Look for rising OBV or volume expansion on green candles. Pullbacks to $945 that hold turn the level into support for trend continuation.

Final Thoughts

For Australian investors, BNB price today hinges on a simple map. Bears control below $945, with $900, $870, and $820 as steps to defend before the riskier $700 area. Bulls need a decisive reclaim and hold above $945, then a push through $970 toward $989 to confirm strength. Use clear levels, not guesses. Plan trades around liquid hours, prefer limit orders on AUD pairs, and size positions so one loss never hurts your week. If $945 flips to support on strong volume, favor trend trades. If it fails, respect downside and wait for a better base.

FAQs

Disclaimer:

The content shared by Meyka AI PTY LTD is solely for research and informational purposes. 
Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.

Bitcoin crash prediction 2026: Bitcoin price remains under pressure as it trades near the $87,000 level after another failed attempt to hold above the key $90,000 mark, with bearish sentiment once again gripping the crypto market.

BTC USD price forecast: Mike McGlone warns Bitcoin could crash 90% to $10,000 by 2026

Bloomberg Intelligence strategist Mike McGlone has issued a stark warning, predicting that Bitcoin price USD could fall as much as 90% to $10,000 by 2026, as per a report. McGlone attributed his bearish outlook to the growing number of digital asset competitors in the market.

Growing crypto competition fuels bearish Bitcoin outlook

McGlone wrote in a LinkedIn post that, “Bitcoin was the first crypto in 2009,” adding, “But now [it] has millions of digital asset competitors,” as quoted by DL News.

Gold price forecast 2026 turns bullish due to limited rivals

He compared Bitcoin’s competitive landscape to gold, which he said has only three major rivals, silver, platinum and palladium. McGlone forecast that gold prices could climb another 10% and trade above $5,000 an ounce in 2026, as per the DL News report.

Also read: Thought of the day by Abraham Maslow: ‘If you plan on being anything less than you are capable of being, you will…’ – today’s self-growth quotes by the father of humanistic psychology

Bitcoin trades 30% below all-time high as New Year approaches

McGlone’s comments come as Bitcoin heads into New Year’s Eve trading about 30% below its October all-time high of $126,000. Investor confidence has weakened notably, with Bitcoin exchange-traded funds recording $1 billion in outflows in December, adding to $3.5 billion in selloffs in November, as per DefiLlama data.

At the same time, other asset classes such as equities and precious metals posted fresh record highs in December, supported by favorable macroeconomic conditions.This is not McGlone’s first bearish call. Earlier in December, he reiterated the $10,000 forecast, citing what he described as a “post-inflation deflation” phase, a period in which asset prices decline after an inflationary cycle. He warned that 2026 could be a difficult year across asset classes, adding that rising gold prices may be signaling an upcoming drawdown in US stocks, with headwinds also expected for crude oil, copper, silver and other risk assets, as per the DL News report.

Ed Yardeni expects AI-driven growth to boost risk appetite in 2026

However, not all market observers share the same outlook.

Ed Yardeni, president of Yardeni Research, said he expects economic productivity and market gains to accelerate in 2026, driven by artificial intelligence and supportive macro trends. That environment could boost demand for risk assets such as Bitcoin.

Yardeni pointed out that “The bull market in stocks should broaden to the S&P 500’s Impressive-493, i.e., to the users of AI, rather than remaining concentrated among AI producers such as the S&P 500 Magnificent-7,” as quoted by DL News.

He also highlighted strong foreign investment in US equities, which reached $714 billion by October 2025 and could approach $1 trillion by the New Year. Yardeni said, “Historically, heavy foreign buying of US equities has been a bearish signal from a contrarian perspective,” adding, “The signal certainly hasn’t worked recently,” as quoted by DL News.

Also read: 3 payments in December: Why Social Security and SSI checks are arriving early before New Year’s Day & who gets a bigger check on December 31

Arthur Hayes predicts $200,000 Bitcoin price rally on Fed liquidity support

Offering another bullish perspective, BitMEX co-founder Arthur Hayes predicted earlier in December that Bitcoin could rally to $200,000 by March, driven by approximately $40 billion in monthly liquidity injections from the US Federal Reserve.

BTC price today & Bitcoin price USD technical outlook: $87,000 support, $90,000 resistance in focus

CoinSwitch Markets Desk told The Economic Times in an emailed statement that Bitcoin slipped after failing to sustain levels above $90,000, triggering long liquidations as overleveraged traders were forced to exit. CoinSwitch Markets Desk wrote that, “Immediate support lies around $87,000–$87,300. In the short term, BTC is likely to trade range-bound between $87K and $89K. A break below support could invite a further dip, while a clean reclaim of $88.8K–$89.5K may trigger a short squeeze. Traders should reduce leverage, respect key levels, and wait for confirmation.”

Crypto market down today: Altcoin prices fall as Ethereum drops below $3,000

The broader crypto market also moved lower. CoinDCX Research Team told The Economic Times in an emailed statement that Ethereum slipped below $3,000, Solana traded around $123, Cardano hovered near $0.35, and Dogecoin was around $0.123. Midnight led gains with a rise of more than 6.5%, followed by UNUS SED LEO with a 2.43% increase, while pippin and MYX Finance gained over 1% each.

On the downside, Jupiter, SPX6900 and Toncoin fell by more than 7%, while DoubleZero, Pudgy Penguins and Cardano declined by over 6%.

Crypto market cap falls by $100 billion after recent pullback

CoinDCX Research Team said that, “After the recent pullback, the crypto market cap shed nearly $100 billion, dropping from a $3.02T peak to $2.93T.” Despite the broader decline, Ethereum’s validator entry queue surged to nearly double the exit queue for the first time in six months, pointing to renewed interest in staking.

Michael Saylor buys more Bitcoin as institutions stay active

Elsewhere, Trust Wallet confirmed that 2,596 wallets were affected in a $7 million hack and said it would reimburse all losses. Michael Saylor purchased an additional 1,229 Bitcoin worth nearly $108 million, while BitMine increased its Ethereum holdings to 44,463 ETH, valued at around $130 million.

FAQs

Why is Bitcoin price under pressure right now?

Bitcoin failed to hold above $90,000, leading to selling pressure and long liquidations.

Who warned that Bitcoin could crash to $10,000?

Bloomberg Intelligence strategist Mike McGlone issued the warning.