XRP Struggles Near USD 1.90 Amid Mixed Technical Signals
XRP declined 0.9% over the last 24 hours, trading around $1.90 after failing to break resistance near $1.95. The trading volume was elevated, indicating selling pressure; the price briefly dipped below $1.90 before rebounding. Late Sunday selling pushed XRP to reject near $1.93 and drift back under $1.90, creating lower highs.
Near-term levels include support at $1.89, with deeper support at $1.87 and $1.77, and resistance at $1.95 to $1.98. A reclaim of $1.93 would improve the short-term structure. Price action remained in a tight range with about 2.7% total volatility, signaling indecision rather than capitulation.
A volume spike around 22:00 UTC on December 22, involving approximately 74.5 million tokens—68% above the 24-hour average—coincided with the rejection from resistance near $1.93. Technical indicators are mixed: while some bullish momentum divergences were observed, XRP remains below key moving averages on higher timeframes, which can precede deeper corrections if sustained.
Overall, the session ended in consolidation without decisive follow-through on either side.
