📉 XRP Slides Below Support — Is a Bigger Drop Brewing? ⚠️
$XRP has cracked below the $2.20 support, signaling trouble for the bulls. After failing to push past $2.28, the pair is now struggling below its 100-hour SMA — and key trend lines are breaking down fast.
🔻 Here’s the setup:
Price broke below a bullish trend line at $2.18
XRP hit a local low of $2.1425
RSI is under 50, and MACD is flashing bearish momentum
Currently consolidating losses under the 23.6% Fib retracement level from the $2.335 swing high
🛡️ Resistance to Watch:
Minor: $2.1880
Key barriers: $2.20 and $2.24
(A breakout here could revisit $2.28, then aim for $2.35–$2.40)
⚠️ But the bigger risk? If XRP loses $2.15, all eyes shift to:
🔻 $2.12
🔻 $2.05
🔻 Potential capitulation near $2.02
📊 Conclusion: Unless bulls reclaim $2.20 quickly, XRP could be staring down another sharp drop. Stay cautious — this pullback might not be done yet.
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