XRP, the digital asset powering Ripple’s ecosystem, is currently navigating a pivotal moment as its price hovers just above the $2 mark. After a period of steady gains earlier in 2025, recent trading sessions have seen XRP struggle to maintain momentum, with the token now trading around $2.17–$2.28 . This level is widely viewed as a crucial support zone by market watchers.
Technical Picture: Downtrend Pressure and Key Levels
XRP’s price action has been shaped by a persistent descending trendline, which has repeatedly capped any attempts at a breakout. Each rally has met strong selling pressure, forming a classic descending triangle pattern—a technical setup that often signals further downside if support fails to hold.
Currently, XRP is clinging to the $2.15–$2.10 range. Should this support give way, the next psychological level at $2.00 is likely to be tested. A decisive break below $2.00 could open the door to a sharper decline, with analysts eyeing the $1.80–$1.70 region as the next potential stop . In a worst-case scenario, a move toward the $1 zone could materialize if bearish momentum accelerates.
Market Sentiment and Indicators
Technical indicators are sending mixed signals. The 100-day and 200-day exponential moving averages (EMAs) have shifted from support to resistance, making recovery more challenging. Meanwhile, the Relative Strength Index (RSI) has dipped below 40, suggesting that bearish momentum is building and buyers are becoming scarce.
Despite these headwinds, some market participants remain cautiously optimistic. Recent months have seen XRP benefit from positive developments, such as the launch of an XRP spot ETF in Brazil and ongoing discussions about institutional adoption . However, the token remains about 32% below its all-time high, and historical data shows that May has often been a volatile month for XRP, with both gains and losses recorded in previous years .
What to Watch Next
For XRP bulls, the immediate goal is to reclaim the $2.30–$2.35 area by breaking above the descending trendline. Achieving this could restore confidence and set the stage for a renewed rally. On the other hand, failure to hold current support levels may trigger further selling, potentially pushing XRP toward price zones not seen in several months.
As always, investors are advised to monitor regulatory developments, institutional adoption trends, and broader market sentiment, as these factors will likely play a significant role in shaping XRP’s trajectory in the coming weeks .
