#xrp This rebound seems a bit powerless, unable to break above $1.95, and the increase was quickly pushed back. The current price is hovering below $1.90, showing a clear weakness in trend. After breaking below $1.90 and $1.88, selling pressure began to increase, and the hourly chart has formed a clear downward trend, with $1.935 becoming a strong short-term resistance.

From a structural perspective, XRP has broken below the support at $1.865, with a low point reaching $1.847, and the price has also lost the key Fibonacci retracement level, indicating that the market is still dominated by bears. Even if there is a rebound, the $1.88–$1.915 area will likely encounter resistance, and only by stabilizing above $1.95 can the market have a chance to push towards $2 #加密市场观察 .

If the rebound fails, $1.85 is the first line of defense. Once it breaks down, there is a possibility of testing $1.83, $1.80, or even $1.72. In the short term, XRP is still in a weak consolidation phase, and it is more suitable to remain patient and wait for clearer direction before taking action. #巨鲸动向