$XRP - Market Update
XRP is currently trading around 1.88 USDT, sitting below the key 1.90 psychological level. Price action shows consolidation after a sharp move, with momentum slowing and volume declining , a classic wait-and-watch zone.
Market Structure:
Recovery from the 1.78–1.80 demand zone.
Lower highs near 1.95–1.97, indicating supply pressure.Short-term bias: neutral to slightly bearish.
Key Levels to Watch:
Support: 1.85 – 1.87 | 1.80 – 1.82
Resistance: 1.90 – 1.92 | 1.95 – 1.97 | 2.02 – 2.05
Bullish Scenario:
Strong close above 1.92 with volume
Targets: 1.97 → 2.02 → 2.05+
Invalidation below 1.88
Bearish Scenario:
Rejection at 1.90–1.92 or breakdown below 1.85
Targets: 1.82 → 1.78 → 1.75
Outlook XRP is compressed between demand and supply.Above 1.92 equals bullish continuation and below 1.85 will deeper correction.
⚠️Trade breakouts, manage risk, and let price confirm direction.