Recently, XRP's performance has indeed made many holders restless. Since the beginning of the month, the price has experienced a decline—first breaking through the $2.00 mark, and at one point even falling below $1.80. Although there was a rebound later, with some trying to hold around $1.90, the development of the situation has exceeded most people's expectations.

Yesterday's situation was even worse. At the close, XRP failed to hold the $1.90 level, and the current price is around $1.87. Although there was a rebound from $1.83 during the session, the overall trend remains weak.

Some seasoned analysts point out that the $1.90 level is particularly important. From a technical perspective, as long as the price stays above this level, the overall market structure can still maintain a bullish tone; but once it breaks downward, there could be a larger adjustment space ahead. Some analyses even suggest that XRP might drop to around $1.10.

Looking back at this week's trend, XRP previously surged to $1.95, with a significant increase, but quickly cooled off and fell back. Technical indicators have issued sell signals, indicating that the recent rise was a bit too rapid, and a correction is reasonable.

In the longer term, from July to now, XRP has already fallen more than 40%, and market sentiment has clearly turned pessimistic. Negative voices online are increasing, and the overall atmosphere is somewhat oppressive. However, data shows that when market sentiment reaches extreme pessimism, it can sometimes become the starting point for a rebound. This has happened multiple times in history.

For new investors in the crypto space, remember one key point: $1.90 is the critical dividing line in this wave of market movement. When the situation is still unclear, rather than rushing to buy the dip, it’s more practical to control risks and reduce position pressure accordingly.