Why XRP’s drop below $1.93 shifts short-term market structure

The move followed multiple failed attempts to sustain momentum above recent resistance, leaving XRP vulnerable once support levels were tested again. What to know : XRP fell 2.6% to $1.90 after failing to break resistance, indicating short-term bearish control. The breakdown below the $1.93 Fibonacci level marked a technical failure, with increased volume confirming active selling. Traders should watch the $1.93 resistance and $1.88–$1.90 support levels for potential shifts in momentum.