XRP is showing signs of vulnerability as it struggles to hold above the crucial $2 support level. Following a firm rejection at the $2.20 resistance zone, the digital asset has entered a downward phase that has left traders uneasy.
A descending triangle pattern appears in price action, which usually means a continued downtrend. A recent failed attempt occurred at the top of the triangle, which is a vital zone that did not bring the predicted breakout.
After reaching above the 100-day EMA, XRP’s improvements are not very powerful. Volume is not increasing, and indicators such as the relative strength index are also moving slowly, still near 45.
Observations show that prices are moving tightly, which is a sign of uncertainty among buyers and sellers. If XRP does not show upward strength soon, it might drop to check the 200-day EMA, close to $2.
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Crucial Support at Risk as Selling Pressure Rises
According to data from TradingView, XRP’s recent behavior highlights a fragile market structure. The asset previously showed strength with a breakout from a falling wedge earlier in 2025, but that momentum has since faded.
The inability to push past $2.20 or form a higher high adds to the bearish outlook. Even though every level studied points towards a long-term bullish trend, short-term indicators now indicate that the support zone could break soon.

Source: Tradingview
With no clear signals from the RSI or any meaningful increase in volume, buyers remain cautious. A lack of a bullish divergence lowers the chances of a major reversal until investor confidence changes dramatically.
The 200 EMA can prevent a significant decline from occurring. During the latest considerable correction, the market did not fall below this level, which makes it necessary now.
The $2 level of XRP is facing increasing pressure. A sharp rise in buying isn’t happening, which could push the asset into a steeper fall, causing holders to become concerned.
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