After decisively losing the $2.00 support earlier this month and briefly slipping below $1.80, Ripple’s XRP managed to find some relief above the next key line of defense at $1.90. However, that level gave way yesterday, and the asset closed below it, currently around $1.87 after an intraday low of $1.83.
After decisively losing the $2.00 support earlier this month and briefly slipping below $1.80, Ripple’s XRP managed to find some relief above the next key line of defense at $1.90. However, that level gave way yesterday, and the asset closed below it, currently around $1.87 after an intraday low of $1.83. The near-term setup remains fragile as XRP tests consecutive supports and eyes the deeper $1.80 zone.
A break below $1.83 could open the path toward $1.80, while any rebound would require sustained buying above $1.90. Traders will monitor any confirmation of a bottom near these levels, while broader risk appetite will likely dictate the pace of XRP’s moves. A sustained breach of key supports could invite new selling, whereas a bounce above $1.90 would renew near-term upside attempts.
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