$XRP Faces Heavy Resistance as Momentum Signals a Possible Pullback
$XRP bounced strongly from the key $2.00 psychological level, reclaiming $2.02 and $2.05, and shifting back into a constructive short-term structure. This recovery mirrors the broader crypto bounce, with XRP now holding above $2.06 and the 100-hour SMA, keeping buyers in control.
But momentum is meeting a wall. XRP is struggling to break the $2.10 resistance, which aligns with the 23.6% Fib retracement of the drop from $2.2130 → $1.99. A bearish trendline at $2.09 has repeatedly capped attempts higher — the first major hurdle for bulls.
Is this a real reversal or just another reaction?
Indicators favor a constructive recovery:
MACD is strengthening in the bullish zone.
RSI > 50, showing buyers hold the advantage.
Price is back above the 100-hour SMA, a key structural signal.
A clean break above $2.10 and the trendline opens the door to $2.1250. A close above that level confirms bullish strength. Beyond it, $2.160 (76.4% Fib) is the next key zone, and flipping that level could accelerate momentum toward $2.220 → $2.280 → $2.350.
What’s needed for a sustained bullish phase?
A daily close above $2.1250, followed by stability above $2.160, would shift XRP from recovery into true expansion. These levels carry major liquidity and historical reaction strength.
But downside risks remain.
Failure to break $2.10 could send XRP back to $2.05. Losing $2.00 flips structure bearish and exposes $1.9650, then $1.920, a critical support zone. Below $1.920, the door opens toward $1.850, invalidating the bullish scenario entirely.
For now, XRP holds a constructive setup:
MACD rising
RSI stable above 50
Price respecting the 100-hour SMA
The chart is tightening, volatility compressing — a decisive move is coming.
Break above $2.10 → runway to $2.1250, $2.160, $2.220.
Rejection → pullback toward $2.050 and $2.00.
$XRP is sitting at a critical turning point, and the next move will define its near-term trend.
