XRP has lost upward momentum after failing to hold above the $2.32 zone. The pullback places the token back into a short-term pressure zone, with sellers gaining control near key resistance levels.
The broader market context also matters. Bitcoin and Ethereum both faced similar rejection at higher levels, suggesting that XRP’s weakness is not isolated but part of a wider cooling in crypto momentum.
Breakdown Below Key Technical Levels Raises Caution
The price has now slipped below $2.25 and is trading under the 100 hourly Simple Moving Average. This shift often signals that short-term sentiment has turned defensive.
A key bullish trend line that previously supported price action around $2.245 has been broken. This technical break tends to attract momentum-based traders, increasing downside pressure in the near term.
XRP briefly dipped below $2.15 before finding temporary stability near $2.14. However, the price remains below key Fibonacci retracement levels, reinforcing the current bearish tone.
Resistance Zones Remain Clearly Defined
Any recovery attempt is likely to face immediate resistance near $2.20. This level now acts as a psychological barrier rather than support.
A stronger resistance sits at $2.25. Only a clean close above this zone would suggest that buyers are regaining confidence. If that happens, XRP could attempt a move toward $2.30 and possibly $2.32.
Beyond that, the next major challenge for bulls would appear near $2.35 and $2.40, with $2.45 acting as a longer term ceiling if bullish momentum fully returns.
Downside Risks Increase if Support Fails
If XRP fails to reclaim $2.25, downside risk remains elevated. Immediate support lies near $2.15, followed by a more critical zone around $2.12.
A confirmed break below $2.12 could accelerate losses toward $2.05. If selling pressure intensifies, the psychologically important $2.00 level comes into focus.
Below $2.00, the structure weakens further, opening the door to deeper retracements toward $1.88, a level closely watched by long term traders.
Indicators Point to Bearish Short-Term Bias
Momentum indicators currently support the cautious outlook. The hourly MACD remains firmly in bearish territory, indicating sustained selling pressure.
At the same time, the RSI is trading below the neutral 50 level, showing that buyers lack strength to push prices higher for now.
According to crypto market analysts, XRP’s next meaningful move will likely be decided by how price behaves around the $2.12 to $2.15 zone.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are volatile and risky. Always conduct your research before making any investment decisions
