⚠️ XRP Breaks Below $2 – More Pain Ahead or Relief Bounce? 🔍
📉 XRP/USDT: ~$2.02
📊 Range between $2–$2.65 resolved downward
🧨 Bear pressure intensifies as price breaks key support
🔍 Key Levels to Watch
🔻 Support Zone:
• $1.61 — critical defense level
• Below $1.61 = Risk of drop to $1.28
🔼 Resistance Zone:
• $2 (breakdown retest)
• 20-EMA (on 4H chart)
• 50-SMA = potential trend reversal signal
📉 RSI in oversold zone → Short-term relief rally possible
But bears likely to sell any bounce near $2–$2.10
💡 Outlook:
Relief bounce possible, but downside risk remains unless bulls reclaim $2+ and 50-SMA
#XRP #Ripple #Breakdown #SupportResistance $XRP