XRP's recent trend is quite interesting — a tight triangle consolidation has formed on the short-term candlestick chart, and the current price hovers around $1.8656. The resistance above is not strong; $1.88 is a hurdle, while there is support at $1.84 below.

From a technical perspective, if XRP can decisively break through the top of this triangle, it is very likely to see a small upward move in the short term. More importantly, once it stabilizes, the price has the potential to move towards the $2.04 region, which is undoubtedly encouraging for traders still hoping to hit $2 by the end of the year.

But everything has two sides. If this breakout is just a false alarm and the support at $1.84 cannot hold, XRP might retest $1.78. To put it simply, the next move mainly depends on whether it can effectively break through this technical pattern — this will determine whether it rebounds or continues to face pressure.