⚠️ XRP Under Fire — Will the Bullish Structure Hold or Collapse?
$XRP is teetering at a critical point. After a sharp rejection from $2.2294, the token is back under pressure, raising concerns that the recent bullish structure may be at risk of breaking down.
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🔻 Breakdown in Motion
XRP attempted a breakout above $2.20, briefly touching $2.2294, but bulls failed to sustain momentum.
The price has since fallen below $2.20 and $2.15, breaching both the 100-hour SMA and a key ascending trendline on the hourly chart.
It’s currently hovering around $2.07–$2.15, with clear bearish signs developing.
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📉 Key Technicals:
Support broken: Uptrend line at $2.15 lost.
Hourly RSI: Slips below 50 — bearish bias building.
MACD: Starting to cross into negative territory — momentum weakening.
Price structure: Under the 23.6% Fib retracement from $1.91 to $2.2294.
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🚨 What’s Next?
🔑 Key Supports:
$2.070 — Mid-level support (50% Fib zone)
$2.020 — Strong support zone to watch
A close below $2.020 could trigger a sharp drop to $2.00, then possibly $1.920
📈 Bullish Recovery Scenario:
Resistance at $2.15 — short-term hurdle
Major zone at $2.20 – $2.22 — bulls must reclaim this
A breakout above $2.22 opens doors to $2.32, $2.40, and even $2.50
(But bulls must return fast — or risk deeper downside.)
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📊 Summary:
The market is now watching $2.020 like a hawk. If this level fails, XRP could slip below $2.00, breaking its recent bullish narrative. On the other hand, a decisive bounce above $2.22 could flip sentiment back to bullish and reignite hopes of a move toward $2.50.
> ⚔️ Will XRP bulls defend $2.020? Or is the bearish tide too strong?
💬 Your move, XRP holders.
Let us know — are you buying the dip or waiting for confirmation? 👇