$XRP fell 1.4% in the last 24 hours, dropping to $ 1.86 after failing to break the resistance of $ 1.90.
The rejection triggered stop loss positions, which further increased selling pressure and dragged the token down to the important mark of $2. The cryptocurrency market in general also remained cautious.
If the bulls regain control at $1.90, resistance levels like $1.95, then $2 and $2.05 are the next targets. On the other hand, new losses could occur if a new rejection happens at $1.90.
The main support is at $1.75, where previous demand was experienced. XRP is in a consolidation phase and awaits a decisive movement in either direction.
XRP
1.8674
-0.78%