đ $XRP just canât catch a break.
In the last 24h, the price slid nearly -5%, falling from $2.254 â $2.164 and extending the weekly loss to almost -9%. The real blow? Sellers crushed any recovery attempts, and $2.20 is now acting as heavy resistance.
đ„ The biggest sell-off came between 3â4 PM, with volume doubling and resistance locking in near $2.19. Buyers tried to reclaim territory â failed.
By early morning, XRP hit a fresh low of $2.162 before slightly bouncing. For now, itâs hovering around $2.164, but key support sits at $2.147.
đ So, whatâs weighing XRP down?
â Macromarket jitters (U.S.âChina trade drama, central bank signals)
â Rejected crypto ETFs
â Weak sentiment across all risk assets
Even bullish headlines like Ripple's RLUSD stablecoin or expansion to Dubai/Singapore arenât shifting the vibe⊠yet.
đ§ Analyst @BullnChill points to the heavy volume + price drop pattern â often a red flag for sentiment shifts. Add in a descending channel on the hourly chart, and bears still have the upper hand.
âł Unless XRP can flip $2.20 into solid support, we might be eyeing $2.10 next.
Letâs see if the bulls show up â or if weâre in for another leg down.