XRP Approaches $1.90 Level, Congestion Continues

XRP Price Analysis

XRP is currently trading at around $1.90, reflecting an increase of approximately 0.4%. However, the price is stuck in a tight consolidation range. A key support level that has drawn the attention of investors is around $1.88, where it has repeatedly found buyers.

On the other hand, rallies continue to remain below the resistance zone between $1.92 and $1.94. This situation creates uncertainty among investors. If XRP manages to break above $1.94 and moves towards $2.00, traders may see a more optimistic outlook. Conversely, falling below the level of $1.88 could indicate a decline towards the $1.80 region.