XRP is experiencing increased bearish momentum, struggling to maintain critical support and resistance levels. A head-and-shoulders pattern has emerged, with sellers firmly defending the $1.95 mark, while buyers have been unable to push the price back above $2.00. The sharp decline in Open Interest indicates a significant unwinding of leverage positions. Additionally, negative funding rates and liquidation data around $1.85 underscore the potential for a breakdown below $1.80. These technical indicators suggest that XRP may face further downside pressure in the near term.