#XRP remains under bearish pressure as it loses key supports.
XRP loses the support of $2.15 and approaches a technical definition zone.
The bearish confluence in moving averages and increasing volume suggests a possible continuation of the downward momentum.
XRP has experienced progressive selling pressure over the past few days, breaking down the horizontal support of $2.15, a level that had served as a base multiple times during the month of April.
Currently, the price is located below the three exponential moving averages (EMA 50, 100, and 200), which are beginning to align in a bearish configuration. This suggests that the short and medium-term trend is leaning towards weakness. Additionally, the 200 EMA (EMA 3 in red) has recently halted recovery attempts.
