š“ $XRP BREAKS CRITICAL LEVEL ā SHORT-TERM BIAS TURNS BEARISH
$XRP has slipped beneath $1.93, and that move shifts the short-term narrative.
After several failed breakout attempts, sellers stepped in aggressively once this key zone was retested ā flipping momentum against the bulls.
š Price Action Snapshot ā¢ XRP fell 2.6%, sliding from $1.95 ā $1.90
ā¢ Price failed to sustain above the $1.93 Fibonacci pivot
ā¢ Breakdown confirmed by a +107% spike in trading volume
š Why This Move Matters The $1.93 zone served as a major consolidation and decision level. Losing it signals clear rejection, not a healthy dip.
The volume surge suggests active selling pressure, not random volatility.
š Market Structure Update ā¢ Shift from range expansion ā range rejection
ā¢ Any bounce below $1.93ā$1.95 is now considered corrective
ā¢ Short-term control favors bears
š Key Levels to Monitor šŗ Resistance: $1.93 ā $1.95
š» Support: $1.88 ā $1.90
ā ļø Outlook As long as XRP stays capped below $1.93, upside moves lack real trend-reversal strength.
A clean reclaim could revive bullish momentum ā failure keeps downside risk in play.