The $XRP price has been struggling to gain significant upward momentum, leaving investors cautious about its next major move. With bearish pressure mounting, the key support level at $2 is now in focus. A break below this level could signal further downside, while holding above it may offer a chance for recovery.

**Current Market Sentiment**

Over the past week, XRP has seen a 5% decline, continuing the downward trend from the previous weekend. The lack of strong bullish momentum has kept the price in a tight range, increasing the likelihood of a breakdown if selling pressure intensifies.

The $2.04 support zone is crucial—if XRP fails to hold here, the next major support lies near $1.85. However, if buyers step in, we could see a rebound toward higher resistance levels.

**Technical Analysis: Key Levels to Watch**

- **200-Day Moving Average (MA):** Currently acting as support at $2.07, this level is critical for maintaining bullish structure.

- **Bollinger Bands:** The bands are narrowing, indicating low volatility and a potential breakout soon.

- **RSI & MACD:** Both indicators are showing bearish signals. The RSI is trending downward below the midline, while the MACD has flipped bearish, suggesting weakening momentum.

**Potential Scenarios for XRP**

1. **Bearish Breakdown:** If XRP drops below $2, the next key support is $1.85. A confirmed breakdown could lead to further declines.

2. **Bullish Rebound:** Holding above $2 could trigger a recovery, with initial targets at $2.50, followed by $2.95 and $3.39 if buying volume increases. #BitcoinReserveDeadline

**Strategic Entry Points**

For traders looking to enter, the $1.85–$1.90 zone presents a strong support area where a bounce could occur. A confirmed reversal here may offer a favorable risk-reward opportunity for a move toward higher resistance levels.

**Final Thoughts**

is at a pivotal point—breaking below $2 could lead to deeper corrections, while holding this level may set the stage for a rebound. Traders should watch for confirmation in price action and volume before making decisive moves. #FOMCMeeting

Would you buy $XRP at $1.85, or do you expect further downside? Share your thoughts! #USHouseMarketStructureDraft

*(Disclaimer: This analysis is for informational purposes only and not financial advice. Cryptocurrency investments are highly volatile—always conduct your own research before trading $XRP