XRP experienced a decline to weekly lows on Thursday. This occurred after failing to sustain momentum above the $1.90 mark.

This price action mirrors a familiar pattern observed in recent trading sessions. XRP dropped below $1.80 and is now encountering resistance at several technical levels.

Analysts are closely monitoring key support zones for indications of further potential weakness in XRP's price.

The cryptocurrency fell below $1.85. It also dipped below the 100-hourly Simple Moving Average.

This happened after an attempted recovery above $1.90 ultimately stalled. XRP reached its lowest points for the week following this breakdown.