$XRP is trading around ~$1.84–$1.87 USD today, continuing its move under the key $2 psychological level.
The broader crypto market is weak today, contributing to $XRP decline alongside Bitcoin and Ethereum.
📌 Technical Outlook
Bearish Short-Term Trend: $XRP has broken below the $1.90–$2.00 support zone and technical indicators suggest selling pressure is dominant.
Critical Support Levels: Holding above ~$1.80–$1.85 is important; a confirmed breakdown could open the door to deeper pullbacks.
Possible Pattern Risk: Chart patterns like a higher timeframe double-top are signaling downside risks if key support fails.
📊 Market Drivers
Correlation With Bitcoin: XRP’s price action is closely tied to Bitcoin and overall crypto sentiment — weakness in BTC is pressuring XRP too.
Institutional Interest: Despite bearish price pressure, XRP ETFs are still reporting modest inflows, showing some institutional demand.
📈 Short-Term Summary
Near-term bias: Slightly bearish to neutral until XRP can reclaim and close above the $2.00 level.
Upside resistance: ~$2.00–$2.10 zone.
Downside risk: A drop below ~$1.80 could lead to further retracement.
Catalysts: Bitcoin movements and overall crypto sentiment remain key influences on XRP’s next moves.#xrp
