Cryptocurrency XRP fell below $ 1.9

The XRP cryptocurrency lost momentum and dropped below $ 1.90, stopping in the $ 1.88-$ 1.89 range after a series of unsuccessful attempts to break above $ 1.95. According to TradingView analysts, several short-term rises were accompanied by active selling, which formed a series of lower highs — a sign of weakening buyers. The key support level of $ 1.90, which had previously served as a consolidation zone, failed to hold, and after breaking through it, the price quickly dropped.

Trading volumes confirm this scenario: during the decline, red candlesticks with increased volume dominated, indicating an active selling dynamic. On the other hand, rebound attempts were accompanied by lower volume, which demonstrates buyers' weak faith in the recovery.

From a technical standpoint, XRP continues to trade below the 50-day SMA ($ 2.15) and well below the 200-day SMA ($ 2.54), which maintains a medium-term downward trend. The RSI index at 41 points confirms the loss of momentum but does not show oversold conditions, so the price has room for further downward movement without a technical correction. Volatility is above 5%, which contributes to sharp intraday fluctuations but does not provide a breakout.

Key levels to watch: $ 1.88-$ 1.87 remain the nearest support, and $ 1.90 now acts as the first resistance. If it recovers, XRP may try to test the $ 1.94-$ 1.95 zone, which needs to be broken to change the short-term trend. If the coin consolidates below $ 1.87, market attention will shift to the $ 1.85 level, where purchases were previously recorded.

Currently, XRP is in a corrective consolidation phase, not a deep decline. To signal a reversal, the price needs to form a sequence of higher lows and show an increase in volume on the recovery. Until then, the main risk remains downside, and the market is in a state of uncertainty between bulls and bears.