XRP Dips 5% Under Selling Pressure — Key Levels to Watch
$XRP slid 4.5% over the last 24h, dropping from $2.254 to $2.164 as sellers dominated the market. Strong resistance has formed at $2.20, with the token struggling to break higher.
Macroeconomic worries, recent ETF rejections, and fading altcoin momentum are dampening trader sentiment. XRP is now down nearly 9% this week, underperforming BTC , which remains near $105K.
Technical View: XRP is trading in a descending channel, with strong sell-offs rejecting advances around $2.19. Intraday support is building at $2.147 — but unless bulls reclaim $2.20 with strong volume, a retest of $2.10 could be next.
Ripple’s long-term prospects (RLUSD stablecoin, global expansion) remain promising — but short-term, traders should stay cautious and watch key levels closely.
Key Levels:
Resistance: $2.20
Support: $2.147 — $2.10
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