XRP Clings to Critical Support Level as Wall Street Whales Circle – Reversal Brewing?

XRP’s price action defies gravity at a make-or-break level while institutional players accumulate under the radar. The sleeping giant’s chart patterns whisper ’accumulation’—just as traditional finance starts playing catch-up.

Watch the order books: When Wall Street ’discovers’ crypto (again), the moves get violent. Funny how those ’bubble’ claims fade when their algos smell blood in the water.

Except for the 200 estimated moving average, which is still supportive, moving averages across all major timeframes flash sell signals. This indicates that although XRP is still above its long-term trend floor, it’s currently in a medium-term correction phase. The moving average convergence divergence, which is below the signal line with a negative value of -0.027, supports the short-term bearish bias.

Immediate support lies at $2.12. A breakdown below this level could open the way to test the psychological $2.00 level, with stronger structural support near $1.91–$1.95 based on historical consolidation. 

On the upside, the first resistance is at the 20-day simple moving average around $2.34, followed by the upper Bollinger Band at $2.56. Bulls WOULD need to reclaim these levels to reestablish trend control.