XRP breaks the critical technical level amid strong selling pressure, finding temporary support at $2.05 before stabilizing above $2.11 in a volatile session.
News background
• No major fundamental catalyst accompanied the decline, although broader crypto markets weakened
• Sentiment remains fragile as Bitcoin “Death Cross” increases risk-off conditions in major companies
• Institutional flows rotated defensively and XRP underperformed CD5 despite recent ETF launches
• Analysts warn that support failures in altcoins may indicate early-stage distribution cycles
Price Action Summary
• XRP fell 3.6% since $2.21 → $2.13breaking the $2.15 critical support
• Expansion of the daily trading range 7.8% with price testing the Demand zone of $2.04–$2.05
• Volume increased to 177.9 million (+76% above average) during the breakdown sequence
• Recovery attempts pushed the price back above $2.11but tracking faded due to volume decrease
Technical analysis
XRP suffered another technical failure on Tuesday, falling 3.6% to $2.13 as institutional selling intensified below the key $2.15 support level. The drop developed in a volatile range of $0.17, with volume increasing 76% above 24-hour norms to 177.9 million tokens, confirming the involvement of large orders during the structural failure.
Sellers outbid during afternoon trading, forcing XRP into the demand pocket of between $2.04 and $2.05, where buyers eventually emerged. The bounce saw the token return to trading between $2.11 and $2.12, but the recovery lacked depth as volume evaporated by the close of the session. The market structure now reflects a clear formation of lower highs and lower lows consistent with persistent bearish momentum.
Despite narratives of ETF-linked inflows, XRP underperformed broader crypto benchmarks, a sign that structural supply outweighs fundamental optimism in the near term.
What traders should keep in mind
The rejection at $2.21 and subsequent collapse below $2.15 underlines the market’s sensitivity to points of technical failure. The support reaction at $2.05 suggests that oversold conditions temporarily halted the decline, but the bounce lacks enough volume to confirm a lasting change in momentum.
Traders Now Eyeing Whether XRP Can Rebound $2.15which would neutralize the immediate bearish bias. Failure to do so keeps the downside targets open, especially as lower time frame charts show supply clusters forming between $2.13 and $2.15 with no signs of aggressive bid absorption.
Momentum remains pressured by macroeconomic correlations. Bitcoin’s Death Cross, weakening liquidity, and risk-off flows into altcoins suggest volatility may persist, and XRP (typically a high-beta asset) remains exposed to sector-wide easing scenarios.
