$XRP / USDT Market Snapshot

#XRP is under heavy selling pressure, recently hitting a new intraday low of $2.0457 after sliding down from highs near $2.1764. It’s now trading at $2.0548, showing a sharp -4.20% hourly decline.

On the hourly chart, the trend remains bearish with consistent lower highs and lows. RSI is in the oversold zone, and the Stochastic RSI is near zero — suggesting seller dominance, though a short-term bounce is possible.

🔹 Key Levels

🔻 Support: $2.0450 — a break below could lead to $2.0200

🔺 Resistance: $2.0700 — previous support now acting as resistance

Breakout Watch: Holding above $2.08 with strong volume could flip the trend

📉 Market Outlook

The downward trend remains intact unless XRP reclaims $2.08–$2.10. A bounce may happen, but stay alert for fakeouts. Sellers are leading — wait for clear strength before re-entering.

Trade $XRP wisely.