Today XRP has dipped again, are short-term traders getting anxious?
Don't panic, let's break down the truth behind this wave of decline:
[01] 2.10–2.15: Not an ordinary price, it's a 'lifeline zone'
XRP is currently at a key support zone:
2.10–2.15 USD.
This is a position that has 'bounced back' multiple times in history.
If this area can't hold, it might head towards 2.05, or even 2.00.
The technical aspect is speaking, but whether the market listens depends on who is more active next—bulls or bears.
[02] It's not just XRP that's dropping, the whole market is 'catching a cold'
This downward movement is not just XRP,
Bitcoin and Ethereum are also adjusting simultaneously.
Reason?
The trade turmoil reported from the US is once again dragging down the overall sentiment for risky assets.
The cryptocurrency market is not an independent universe; macro sentiment is crucial.
[03] The Ripple case is the real game-changer.
The real catalyst behind XRP is not in the charts but in the courtroom.
The protracted battle between Ripple and the US regulators may be approaching a turning point.
If the outcome is favorable, it’s not just a support issue, it may even change XRP's regulatory label.
Don't forget:
"Regulatory certainty" is the most scarce source of confidence in cryptocurrency assets.
[04] Upper pressure: Don't underestimate it
Even if there is a rebound, don't be too optimistic:
2.30–2.34 is the first strong resistance zone.
The real challenge is at 2.44.
To strengthen, it must break through the 2.56–2.62 range at once.
Relying solely on short-term bulls is clearly not enough,
If you want to rise, it must rely on the synergy of 'fundamentals + policies' to break through.
[Conclusion]
XRP fell today, but that doesn't mean it's over.
What truly determines the medium-term trend is not a single K-line node,
But rather the outcome of the Ripple case, the risk appetite in the crypto market, and the restoration of investor confidence.
What you see is the price,
Smart people see the situation and the time window.
