💧 $XRP /USDT
$2.00 holds for now — will bulls defend or is a deeper flush coming?
📉 Current Price: $2.0818 (-1.46%)
📊 4H Chart Snapshot:
XRP just tapped a psychological round number at $2.00 and is seeing a weak bounce. However, it remains below all major moving averages — suggesting bearish control unless bulls can quickly reclaim key levels.
📊 Moving Averages:
• MA20: $2.1313
• MA50: $2.1623
• MA99: $2.1920
🔻 Price is trading below all MAs — a bearish structure unless flipped back into support.
🔄 Market Behavior:
After failing to hold above $2.20, XRP dropped sharply to $2.00, forming a potential local bottom. Volume spiked during the flush, hinting at possible panic selling or stop hunts.
🔥 Momentum & Volume:
• Recent red volume bar was heavy — sellers dominated
• Current bounce lacks follow-through; volume needs to return for bulls to regain control
🧱 Key Levels to Watch:
• Resistance: $2.13 → $2.20 → $2.33
• Support: $2.00 → $1.96 (next danger zone)
📌 Recommendations:
🔺 If price breaks above $2.13, XRP could test $2.20 and potentially recover toward $2.33 if momentum returns.
🔻 If $2.00 breaks down, we could quickly see a drop to $1.96, and if that fails, the next major support lies near $1.85.
📊 Alternatively, XRP may consolidate in the $2.00–$2.13 range before a decisive move. Sideways price action wouldn’t be surprising unless macro volume shifts.
⚠️ DYOR – XRP is at a key inflection point. Don’t rush entries. Let the next candle confirm direction. Manage risk carefully in volatile zones.
Will XRP defend the $2.00 stronghold or slide deeper into bearish territory? Share your take below! 👇