š“ $XRP LOSSES KEY LEVEL: SHORT-TERM STRUCTURE TURNS BEARISH
XRP slipped below $1.93 ā and that changes the near-term game.
After multiple failed attempts to break resistance, sellers regained control once support was retested.
š What Happened ā¢ XRP dropped 2.6%, from $1.95 ā $1.90
ā¢ Price failed to hold above the $1.93 Fibonacci pivot
ā¢ Breakdown confirmed with +107% surge in volume
š Why It Matters The $1.93 level acted as a key consolidation pivot. Losing it signals a technical rejection, not a healthy pullback. Volume expansion confirms active distribution, not low-liquidity noise.
š Market Structure Shift ā¢ From range expansion ā range rejection
ā¢ Rallies below $1.93ā$1.95 are now corrective
ā¢ Short-term control favors sellers
š Key Levels to Watch ā¢ Resistance: $1.93 ā $1.95
ā¢ Support: $1.88 ā $1.90
ā ļø Outlook As long as XRP remains capped below $1.93, upside attempts lack trend-changing strength. A reclaim could flip momentum ā failure keeps downside pressure active.
#XRP #CryptoMarket #TechnicalAnalysis $XRP
