$XRP is trading near 2.0156, down about -2.51% in the last 24 hours. After failing to hold above the 2.10–2.16 zone, the price has slipped back into a short-term bearish structure.
Key Observations
24h High: 2.1108
24h Low: 1.9927
Price is now below the MA(7) and MA(25), showing fading momentum
MA(99) around 2.13 continues to act as mid-term resistance
Buyers stepped in earlier at 1.9835, but the move lost strength quickly
Lower highs and lower lows are forming—confirming a downward bias
Support & Resistance
Immediate support: 1.98 – 1.99
Next support: 1.96 – 1.97
Resistance: 2.03 – 2.07
Major resistance: 2.16 – 2.22
Trend Outlook
Short-term trend: Bearish, with rejection at MA levels and continued lower lows
Mid-term trend: Neutral-to-bearish, while below the 99MA
Bulls need a solid reclaim above 2.07 to shift sentiment
If support at 1.98 breaks, price may retest 1.96 or even lower
Trading Idea A possible bounce setup forms only if $XRP holds above 1.98 and breaks back above 2.03 with volume.
If XRP stays under 2.03, rallies may simply be pullbacks offering short opportunities toward 1.97.
Summary XRP is under pressure again, slipping below key moving averages and losing short-term momentum. The support at 1.98 is crucial—holding it gives bulls a chance, losing it opens more downside.
