XRP Tests $2 Support Zone After Months-Long Downtrend
After spending months in a sustained downtrend, XRP has now reached a crucial technical level around the $2 support zone—a price area that could define its next major direction.
From a technical standpoint, the $2 level is a high-confidence demand zone. Historically, buyers have stepped in strongly here, and current price action suggests selling pressure is starting to cool. $XRP is consolidating, which often signals that the market is preparing for a decisive move.
📉 Technical Breakdown
Prolonged downtrend has weakened momentum but also reduced selling force
$2 acts as both psychological and structural support
Holding above this level could open the door to a rebound toward $2.30–$2.50
A clean breakdown below $2 would likely trigger further downside into lower liquidity zones
📊 Market Context
Traders are cautious, but this is typically where accumulation begins quietly. Volume and daily candle closes around $2 will be key in confirming whether buyers are truly defending this zone.
🔎 Key Things to Watch
Volume expansion on bullish candles
Price reclaiming short-term moving averages
Overall crypto market sentiment, especially Bitcoin’s trend
📌 Conclusion:
XRP is at a make-or-break support level. The $2 zone may mark the end of the downtrend—or the start of another leg lower. The coming sessions will be critical.
