XRP faces an imminent bear trap risk in the $1.90–$1.93 USD range

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Technical analysts are noting a historical trap pattern that may appear on the XRP chart. The price zone from $1.90 to $1.93 is being closely examined, with the $1.90 support level recognized as a key liquidity threshold for this cryptocurrency.

Technical Indicators Warn of Risks

The 20-month EMA around $1.93 is serving as the main trend filter for XRP. The critical point is what will happen when the monthly closing price interacts with this line. If the price can break above this EMA level, it would signal a bottom formation, opening the possibility of a strong rebound.

However, the opposite scenario also warrants market consideration. A sharp sell-off below these support levels could trigger a domino effect, leading to further losses across the entire crypto space.

What’s Next?

XRP is currently trading at $1.85, below the designated sensitive zone. Traders should closely monitor price action around $1.90–$1.93 to determine whether this is a bear trap or a sign of a deeper downtrend. The market’s decision in the coming weeks will be the decisive factor for XRP’s future direction.

XRP-1,44%
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