XRP is showing signs of renewed weakness after underperforming the broader crypto market. A failed breakout attempt and the loss of a key support zone have shifted short-term structure back in favor of sellers, increasing the risk of a deeper pullback.
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XRP Breaks Below Key Support
XRP declined 2.85% to around $2.12, failing to sustain momentum after a brief bullish attempt. Price action broke below the $2.05–$2.10 support zone, an area that had previously acted as a base for continuation.
This move followed a failed breakout from a bullish descending triangle pattern. Once upside confirmation failed to materialize, selling pressure accelerated, pushing XRP back into a vulnerable technical position.
Momentum indicators do not yet suggest exhaustion. The 7-day Relative Strength Index currently stands at 61, indicating that XRP is neither o
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