XRP has faced three consecutive days of bearish pressure and is now hovering around a critical short-term support level at $2.00. The technical setup suggests this level is pivotal: if bulls defend $2.00, a rebound toward $2.24 and even $2.40 could occur. However, failure to hold this support may trigger more selling, targeting $1.96, $1.90, and potentially $1.86. Fundamentally, XRP sentiment remains cautiously optimistic. The SEC’s decision to drop its appeal over XRP’s non-security classification reduces legal uncertainty. Ripple’s acquisition of Hidden Road also signals a strategic push for institutional adoption, boosting market confidence. The $2.00 mark is now a key decision point likely to define XRP’s short-term direction.