XRP slipped under the $2 level after Trump’s tariff comments toward Europe shook global markets, but the move is not as bearish as the headline makes it sound.
Dropping below $2 reflects shaky confidence after a short period of weak stabilization. Selling pressure has cooled compared to the initial shock, but real dip buyers have not stepped in yet. Most traders are still in risk-management mode as recent technical damage and positioning imbalances keep price capped.
Despite the 4% drop in the past 24 hours, trading volumes exploded by 170%, signaling heightened interest from both bulls and bears.
That said, the broader XRP price prediction does not flip bearish here. If macro pressure fades and buyers return around these levels, the setup still leans bullish and could recover faster than many expect.
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(Source: XRPUSD / TradingView)
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XRP just had a strong push higher, but it clearly failed and dumped hard back into the $2.00 zone, which is now the main line that matters. That selloff shows the recent high was heavy supply, not a clean breakout, and price is basically back in reset mode.
A healthier XRP outlook would require a clean push above $2.05, followed by acceptance above $2.10. This scenario would look far more convincing if supported by rising volume and increasing open interest, pointing to stronger participation across markets.
The dragonfly doji still matters, but only as a possible bounce signal if price stabilizes here and actually gets follow-through. By itself, it does not mean the trend already flipped.
On the downside, $2.00 is the first support to watch. If that cracks, the next levels sit around $1.97, then much lower at $1.80 if selling pressure really picks up. On the upside, resistance now starts in the $2.30 to $2.50 area, with the prior high zone around $3.10 to $3.30 above that
The only real bullish path from here is if XRP holds $2.00, forms a higher low, and then reclaims the $2.30 to $2.50 zone. If that does not happen, the failed push points to a range or a deeper pullback as the more likely outcome.
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Read original story XRP Breakdown: XRP Slips Below $2 After Failed Rally, What’s Next? by Ahmed Balaha at 99bitcoins.com
