🌊 $XRP : when support breaks, the market doesn't ask — it presses
$2.00 was not just a level.
It was a dam that held back the pressure of sellers for months.
Since January, XRP has fallen below this level dozens of times but always returned.
This time — no.
📉 The price has settled below $2.00.
No V-shaped bounce. No quick buyback.
This is not a spike — it's a structural break.
The technicals confirm the scenario:
SMA 50 / 100 / 200 are looking down, MACD deepening in the negative, every bounce weaker than the previous one. This is a classic picture where control shifts to sellers, and former support becomes resistance.
🎯 The market is looking at $1.63 — the 61.8% Fibonacci level of the entire bullish rally ($0.43 → $3.66).
This is where either balance will appear, or the decline will continue.
🌪 The only chance for a short respite — macro.
U.S. inflation data could trigger a relief rally across the crypto market. But even such a bounce doesn't change the trend unless XRP returns above $2.27.
🧠 The conclusion is simple:
XRP is not "cheap" right now.
It is in a phase of unloading after breaking a key level.
💬 When the dam breaks, the water no longer listens to emotions.
The market simply searches for where the flow will stop.
