Technical analysis suggests that the XRP price could experience a decline below $1.80 before potentially rebounding, despite facing bearish market conditions and recent downturns. Analysts anticipate this drop as a temporary ‘fakeout’ event. The potential for a significant price surge to resistance levels of around $3.21 remains uncertain. 2024 saw XRP experiencing major gains but currently faces renewed downward pressure due to broader market weakness. 13.22% loss in 24 hours highlights this volatility. However, the support level at $1.80 is crucial, as it could act as a catalyst for a rebound if buyers emerge. The chart indicates a potential rally after price dips below key support levels.