$XRP is moving through a slow and heavy phase right now but the chart is telling a deeper story.
The price dropped near 2.0519 earlier and that reaction showed how sellers tried to take full control. Even after the bounce the candles are still closing inside a tight range which means the market is trying to decide its next direction.
I’m watching how $XRP behaves around this 2.05 to 2.06 zone because this is the area where the market keeps testing liquidity. Every time price dips into this level the chart forms long wicks and that usually tells you buyers are quietly defending even when momentum feels weak.
The rejection earlier from 2.1112 was the key turning point. Once that level failed sellers pushed the chart step by step into a slow bleed and now we’re seeing the structure trying to stabilize.
If the price holds above this base XRP can attempt another recovery move toward 2.0750 and then 2.1010. A clean break above those levels will change the whole picture again and bring confidence back into the market.
If weakness continues and the price closes below 2.0500, then the market may take more time to rebuild strength.
But right now the candles are showing patience not panic.
$XRP is moving like a coin that is searching for a floor before choosing its next strong direction.
The market feels quiet but not finished. XRP is in a zone where big moves often start after the chart has rested for long enough.
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