An examination of recent XRP price activity paints a picture of critical turning points. The asset’s movement suggests it may be nearing the precipice of significant changes. While XRP has been battling within a descending price channel for months, recent declines below $1.90 and a close near the lower boundary of this channel raise concerns. Despite brief recovery above $1.08, the overall trend structure is now vulnerable to reversal. A potential breakdown below the channel could confirm these fears, opening the door to deeper corrections towards $1.65 or even $1.50 if XRP fails to regain support around $1.95-$2.00. Key moving averages are converging above current price, adding further pressure.