Ripple 
$1.93The price of ‘s XRP has entered the technical breakout zone, producing a permanent series of closings below the $2.00 support that has been defended for months. Although there have been short-term declines below $2 since January, the price was limited to a two-day candle at most, and then returned to support with V-shaped recoveries. With the decline that started on Sunday, the sell side’s hand became stronger when holding below $ 2 came to the fore. Investors in Ripple’s XRP, used for cross-border payments, are now watching for deeper pullback risk and short-term recovery conditions.
Persistence Below $2 Increases Selling Pressure on XRP
XRPSettlement below $2.00 in the technical analysis window indicates a loss of long-held support. The fact that the price has remained below this level since Sunday differs from previous examples of rapid returns and paves the way for new sellers to be added to the market. Support breakdowns altcoinThe supply side can grow rapidly as it can trigger the risk aversion reflex of those who hold it.
Indicators also support the downward scenario in XRP. The 50-, 100- and 200-day simple moving averages are downward sloping, indicating weakness in short- and long-term trends. measuring momentum MACD The fact that the histogram produces deepening bars below the zero line gives an additional signal that the downward pressure is gaining strength.
In this context, the $ 1.63 level stands out as a possible target area. The level in question corresponds to the 61.8 percent Fibonacci retracement level of the rise from the 2024 bottom of $0.43 to the 2025 peak of $3.66 and is considered a frequently watched support zone in the markets.
Which Level Should Be Exceeded for Recovery?
The downward trend is also consistent with the downward trend that has been continuing since July. Each attempt to rise is weaker than the previous one. A clear move is needed to disrupt this lineup for buyers to improve the outlook. In the technical framework, this is defined as a return above $2.27, which was the peak of the weak reaction in late November.
In the short term, macro data headlines may also affect pricing. It will be announced today US inflation data If it is below expectations, it may increase the risk appetite in the global market and cryptocurrencycan support them. Data that exceeds expectations may feed the risk aversion trend and make persistence below $2 more problematic.
On the XRP side, the focus is on, on the one hand, seeing where buyers will step in in case of a possible pullback towards the $ 1.63 region, and on the other hand, seeing whether closes above $ 2.27 can reverse the trend. Investors expect market behavior to become more visible in the days following the technical break as the direction of volume and momentum becomes clear.
