XRP Gets Slapped Down by Trendline Resistance—$2 Support Hangs by a Thread

Bears just bulldozed through XRP’s rally attempt, leaving its critical $2 support level looking shaky. The rejection off the trendline paints a grim picture for bulls—unless they pull off a miracle bounce.

Meanwhile, Wall Street ’experts’ are probably still debating whether crypto is a scam while quietly accumulating bags. Classic.

XRP Fails to Break Key Downtrend Again

The latest downturn comes after XRP failed to push through a long-standing descending trendline. This technical resistance has capped every bullish attempt for months, forming a textbook descending triangle pattern. Such formations often result in breakdowns when demand dries up and sellers take control.

Every breakout attempt has been met with heavy rejection, reinforcing the idea that sellers are dominating the market. Until XRP can convincingly break and hold above this trendline, the technical picture will likely remain tilted to the downside.

$2 Support Under Siege

Currently, XRP is clinging to the $2.10–$2.15 level, which analysts consider one of the most critical price zones for the asset. If XRP closes below $2 in the coming sessions, it could confirm a bearish breakdown and expose the asset to deeper losses.

The next psychological target WOULD likely be in the $1.80 to $1.70 range, where some buyers may attempt to step in. But a failure to hold even that level could bring the feared $1 zone into focus—a price XRP hasn’t seen in several months.

From a sentiment perspective, a breakdown below $2 would mark a significant shift, especially after XRP held that level through multiple market corrections earlier this year.

Technical Indicators Point to Growing Pressure

Looking at technical indicators, the situation is not favorable for bulls. Both the 100-day and 200-day exponential moving averages (EMAs) have flipped into resistance zones, hovering well above the current price. This flip signals a loss of long-term momentum and often precedes deeper retracements.

Meanwhile, the Relative Strength Index (RSI) has dropped below 40, suggesting weakening buyer interest and growing downside momentum. If the RSI falls closer to 30, that would typically signal oversold conditions—but it also confirms that the asset is under sustained bearish pressure.

Market participants are watching closely for any signs of reversal, but so far, none have emerged. Panic selling could increase if XRP slips under the $2 threshold, especially if trading volume spikes on the move.

Bulls Need a Swift Reversal

For XRP to avoid a broader breakdown, bulls will need to step in aggressively and reclaim territory above the trendline resistance. That would mean pushing the price back into the $2.30 to $2.35 range—a zone that acted as support in the past but now serves as a strong ceiling.

Only a clear breakout above this region, followed by a confirmation candle, would change the short-term trend and open the door for a potential recovery rally. Without that, any bounce may simply be another lower high in an ongoing downtrend.

XRP in the Broader Market Context

XRP’s struggles are part of a broader cooling trend across major altcoins as Bitcoin consolidates and macroeconomic uncertainty weighs on risk assets. With fewer institutional inflows and diminishing retail enthusiasm, altcoins like XRP are finding it harder to maintain support levels.

Still, XRP remains one of the largest digital assets by market capitalization and retains strong community backing. Any positive shift in market mood or macro indicators—such as regulatory clarity or renewed institutional interest—could help reverse the current trend.

But for now, the technical setup suggests XRP is not yet out of the woods. The next few sessions may determine whether it can hold the $2 line or if a deeper correction toward $1 becomes the dominant scenario.