XRP Price Drops After Failing to Break $1.95 Resistance: Analysis & Forecast

The XRP token is experiencing a notable price decline following several unsuccessful attempts to surpass the critical $1.95 resistance level. This repeated failure to achieve a decisive breakout has weakened its market position, leading to increased selling pressure. Analysts are closely monitoring key support zones to determine the next potential direction for XRP's valuation. The current market sentiment suggests a cautious phase as traders reassess their positions in light of this persistent resistance barrier. The inability to close above $1.95 indicates a potential consolidation or further correction phase in the near term.