XRP is currently trading around $1.87, repeatedly testing the key support level at $1.80–$1.90. This price range has historically been an important bottom, with strong buying interest. Looking at the daily chart, the RSI indicator is in the oversold zone. Although short-term selling pressure has eased compared to previous weeks, there are still no clear bullish signals, and the overall trend remains weak and consolidating.

The weekly chart appears more complicated. Since falling from the high of $3.40–$3.60, XRP has formed a series of lower highs and lower lows, indicating a clear downtrend. The short-term moving averages have already turned bearish, and the $2.40–$2.60 region has become a strong resistance. Breaking through this level will not be easy. Although the long-term moving averages are still below the current price, the recent months’ upward momentum has been significantly weakened, and the medium-term upward potential has been severely diminished, posing considerable pressure for medium- and long-term holders.

The key is whether XRP can hold the $1.80–$1.90 level. Holding this level offers hope for a stabilization and rebound, while losing it could lead to further declines. For beginners, the important lesson is: focus on support and resistance levels, don’t get caught up in short-term volatility, and wait for clearer opportunities before acting. This approach can improve your chances of success.