After an impressive climb earlier in the week, XRP has once again lost steam, raising fresh questions: are bulls just pausing before the next leg up—or has the momentum dried up completely?
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XRP Faces Key Resistance at $2.20 After $2.25 Rejection
XRP recently attempted a move above the $2.25 mark, but just like Bitcoin and Ethereum, it failed to sustain the rally. The sharp rejection from $2.250 triggered a bearish wave that sent XRP tumbling back below key support levels at $2.22 and $2.20, forming a short-term top and shaking some bullish confidence.
Price action found a local bottom near $2.1320, from where it’s now trying to stabilize. However, recovery attempts have been weak so far, with bulls struggling to retake control. The hourly chart shows XRP/USD trading below the $2.20 resistance and the 100-hour Simple Moving Average (SMA), which indicates that sellers are still active on every bounce.
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Technical Breakdown: Bearish Bias Strengthens
A newly formed downward-sloping trendline has emerged on the hourly chart, offering resistance near $2.1950. This level has now become a critical zone. If XRP fails to reclaim it, the structure will remain under pressure.
Further adding to the bearish sentiment, the MACD on the hourly chart is showing a negative crossover, while the Relative Strength Index (RSI) has slipped below the neutral 50 level—indicating weakening momentum.
Currently, XRP is hovering near the 23.6% Fibonacci retracement level (of the $2.2579 to $2.1320 drop), which lies close to the $2.165 zone. But the real test lies just above at the $2.20 mark, which also coincides with the 50% Fibonacci retracement level.
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What Happens If XRP Breaks $2.20?
Should XRP break above $2.20 with volume and close convincingly, traders may see renewed buying pressure. Immediate resistance lies at $2.220, and a breakout here could open the doors toward a retest of $2.25. Beyond that, XRP could aim for $2.32 and even $2.35—levels that may bring back bullish enthusiasm. If momentum continues, the next key target for bulls would be $2.50.
However, these bullish scenarios hinge on a strong break and hold above $2.20—a level that has repeatedly acted as both support and resistance in recent weeks.
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Downside Risks: Support Levels to Watch
If XRP fails to breach the $2.20 barrier, further losses are likely. The first key support sits around $2.1380, followed by the recent low at $2.1320.
A breakdown below this zone could trigger a fresh bearish leg toward $2.08, with $2.05 as a deeper support to monitor. Any daily close below $2.05 would likely invalidate the recent bullish setup and signal a potential trend reversal.
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Key Levels Summary
Support Levels: $2.1320, $2.080, $2.050
Resistance Levels: $2.1950, $2.20, $2.250
MACD: Bearish bias, showing downward momentum
RSI: Below 50, indicating weak buying pressure
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Final Thoughts – Wait for Confirmation
At this stage, XRP is clearly at a crossroads. Bulls need to reclaim $2.20 and flip it into support to regain momentum. On the flip side, failure to hold above $2.13–$2.08 could invite more aggressive selling.
Traders should remain cautious, watching closely for a decisive move either above $2.20 or below $2.13 before taking a position. In this environment, discipline and confirmation are more important than anticipation.
Stay sharp, manage your risk—and let the chart lead the way.
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