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XRP Bears Maintain Grip: Key $2.05 Demand Zone Tested

XRP bears maintain grip. Visit CDS for information on current price movements and more.

XRP Bears Maintain Grip Key $2.05 Demand Zone Tested
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XRP Bears Maintain Grip While Bulls Struggle Near $2.55 Resistance

XRP Bears Maintain Grip While Bulls Struggle Near $2.55 Resistance

With every attempt at recovery being met with supply, Ripple’s XRP is still trading inside a persistent downward pattern. The wider bearish run is maintained by the most recent rejection near the $2.45–$2.55 resistance. In the meantime, the crucial area dividing a controlled correction from a deeper sell-off is still the higher-timeframe demand at $2.05–$2.15.

XRP Bulls Eye $2.6 Close to Confirm Market Reversal

The token is still trading within a sizable downward channel formation during the daily timeframe. When volume expansion is present, this structure usually comes before bullish reversals. The price has recovered from the $2.1–$2.2 demand zone and is now in line with an important supply zone (order block) at $2.5. The 100-day MA is still marginally higher at $2.7, but it is also getting close to the 200-day moving average. Combining dynamic resistance (MAs), a previous supply block, and the structural ceiling of the wedge, this confluence produces a crucial resistance cluster. A possible breakout confirmation would be indicated by a daily close over $2.6, which would change the market structure in favor of buyers.

XRP Tests $2.20 Support as Momentum Remains Weak

XRP is still tracking in a clear declining channel on the 4-hour chart. Its short-term market structure is being shaped by clearly defined lower highs and lower lows. The channel’s midline was precisely in line with the most recent surge into the $2.45–$2.55 rejection zone. This validates its function as a basis for active sellers.

The price fell back near the $2.20–$2.25 range after the rejection, where a mild reaction took place. Momentum is still lacking, though. Bullish attempts at continuation are thwarted by the dotted internal trendline from the last breakdown, which still acts as intraday resistance. Compression is this chart’s more general feature. While volatility is decreasing, the price is moving lower within the channel. This suggests that buyers are selectively building up near the bottom limit while sellers are weakening.

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XRP Bears Maintain Grip: Key $2.05 Demand Zone Tested
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