The token pierced the critical $2.10 floor during the late-session selloff as traders dumped positions ahead of a potential deeper correction.
News background
• XRP traded in a volatile $2.03-$2.15 range as broader crypto markets weakened under macro pressure
• The token’s sharp jump from $2.03 came amid a 28% surge in volume, signaling active dip buying before momentum waned
• Several failed attempts to regain the $2.14-$2.15 zone, which has been limited to the upside throughout the session
• Market sentiment remains fragile as Bitcoin’s death cross and heavy ETF outflows weigh on altcoins
• Institutional activity slowed sharply in the last trading hour as XRP broke the much-watched $2.10 support level
Price action summary
XRP fell 1.0% from $2.13 to $2.11 over the past 24-hour session, navigating a choppy range between $2.03 and $2.15. The token initially showed resilience in the face of broader market weakness, but the bullish momentum steadily deteriorated.
The most significant move came at 21:00 UTC, when a 177.9 million volume peak—28% above the 24-hour average— helped XRP rise sharply from $2.03. However, the rally repeatedly stalled at the $2.14-$2.15 resistance band. A pattern of lower highs developed as sellers absorbed each attempted breakout.
The session ended with a decisive crash: XRP fell from $2,124 to $2,103 as the heavy selling volume hit the band. The drop went right through critical support at $2.10a level that had held for several sessions.
Liquidity in the late session collapsed, signaling institutional traders to step aside ahead of potential continued selling.
Technical Analysis
XRP’s chart structure shifted sharply bearish as breakdown signals piled up across intraday timeframes.
Support and resistance dynamics
The $2.10 loss turned previous support into immediate resistance. Meanwhile, the market is now orienting itself around the cycle low at $2.03which formed during the heavy volume rejection earlier in the session. The inability to reclaim $2.14-$2.15 keeps the near-term cap well-defined and risk skewed to the downside.
Volume behavior
The increase of 177.9 million during the $2.03 decline confirmed strong participation, but the lack of follow-through volume during recovery attempts signaled exhaustion. The breakdown in the last hour occurred at 4.4 million units in a single interval – enough to trigger algorithmic momentum selling.
Trend structure
XRP now prints a clear sequence of lower highs and lower lowsconsistent with the early continuation structures that often precede retests of major swing supports. The broader trend remains pressured by an unresolved medium-term decline that began after repeated failures above $2.48.
Momentum ratio
Short-term oscillators are approaching oversold readings, suggesting potential stabilization if $2.03 holds. But without reclaiming the $2.15, any bounce risks being reactive rather than structural.
What traders should see
XRP is at an unstable tipping point:
• $2.03 should hold to prevent a deeper break towards $1.91-$1.73 next level support
• A retrieval of $2.15 is required to neutralize the bearish continuation structure
• Liquidity conditions suggest institutions have paused activity after the $2.10 failure – renewed volume will dictate the next impulse
• Bitcoin’s weak structure and death-cross dynamic continue to pressure altcoins disproportionately
• Watch for volatility clusters around derivatives liquidation points – XRP saw ~$28M liquidated in previous sessions and new forced selling could accelerate moves
