XRP breaks critical technical levels amid heavy selling pressure, finding temporary support at $2.05 before stabilizing above $2.11 in volatile session.
News background
• No major fundamental catalysts accompanied the decline, although broader crypto markets weakened
• Sentiment remains fragile as Bitcoin’s “Death Cross” increases risk ratios across majors
• Institutional flows rotated defensively with XRP underperforming CD5 despite recent ETF launches
• Analysts warn that support failures across altcoins could signal early distribution cycles
Price action summary
• XRP declined 3.6% $2.21 → $2.13break critical support at $2.15
• Daily trading area expanded 7.8% with price testing of $2.04–$2.05 demand zone
• The volume increased 177.9 million (+76% above average) during the degradation sequence
• Recovery attempts lifted the price back above $2.11 USDbut throughput faded at decreasing volume
Technical Analysis
XRP endured another technical breakdown on Tuesday, falling 3.6% to $2.13 as institutional selling intensified below the key support level of $2.15. The decline unfolded over a volatile $0.17 range, with volume surging 76% over 24-hour norms to 177.9m. tokens – confirming participation in large orders during the structural failure.
Sellers overwhelmed bids during evening trading, forcing XRP into the $2.04-$2.05 demand pocket, where buyers finally emerged. The rebound pushed the token back towards $2.11-$2.12, but the rally lacked depth as volume evaporated into the session close. The market structure now reflects a clear lower-high, lower-low formation consistent with sustained bearish momentum.
Despite ETF-linked inflow narratives, XRP underperformed broader crypto benchmarks — a sign that structural supply is outweighing fundamental optimism in the near term.
What traders should see
The rejection at $2.21 and subsequent collapse below $2.15 underscores the market’s sensitivity to technical failure points. The support reaction at $2.05 suggests that oversold conditions temporarily halted the decline, but the rally lacks sufficient volume to confirm a lasting shift in momentum.
Traders are now seeing if XRP can recover $2.15which would neutralize immediate bearish bias. Failure to do so keeps downside targets open, especially as lower time frame charts show supply clusters forming at $2.13-$2.15 with no signs of aggressive bid absorption.
Momentum remains pressured by macro correlations. Bitcoin’s Death Cross, weakening liquidity and risk exits across altcoins suggest volatility may continue, and XRP — typically a high-beta asset — remains exposed to sector-wide liquidation scenarios.
