Recently, the price of XRP has fluctuated between $1.90 and $1.95 for most of the time, but selling pressure has increased, ultimately breaking below the lower limit. $1.93 has served as support multiple times, but during the U.S. trading session, trading volume surged, breaking the support and marking the invalidation of the previous consolidation structure.

The most critical drop occurred around 13:00 UTC, when the price fell to $1.897, with a trading volume of approximately 93,800,000 XRP, about 78% higher than the 24-hour average, indicating that selling was very active and not due to a lack of market liquidity. This decline turned the original support area into a resistance area, with short-term trends leaning downward.

On the hourly chart, the price of XRP is below the short-term moving average, and momentum indicators also show a pullback signal, indicating insufficient rebound strength, making it difficult to return to $1.93 in the short term. Within 24 hours, the price fell from $1.926 to $1.915, and during the early session, it briefly surged to $1.95 but quickly retreated, further dropping to $1.907 by the end of the session.

Overall, although there has been some buying on dips around $1.90, the rebound is weak, and the short-term trend of XRP still appears bearish. Investors should pay attention to key support and resistance levels, operate cautiously, and avoid chasing highs or blindly taking positions.