XRP is under pressure today, falling more than 4% and trading around $2.05. The token is now at risk of dipping below the crucial $2 support zone, a level experts consider important for keeping short-term momentum alive. While the market is seeing weakness overall, XRP’s technical indicators show a mix of warning signs and relief signals.
Large Bearish Divergence Still Active
On the weekly chart, XRP is still dealing with a major bearish divergence that has been building over several months. This signal has not been cancelled, and it suggests that the broader trend remains bearish. Larger divergences like this often take time to play out and can drag prices lower even if short-term signals show some strength.
As long as this divergence stays active, XRP will struggle to form a strong upward trend.
Short-Term Relief From Daily Bullish Divergence
However, the daily chart tells a different, more positive story. A small bullish divergence confirmed about two weeks ago, which led to a slight price bounce and a period of sideways trading. This kind of pattern is normal after a bullish divergence and markets often move sideways or show mild upward relief before deciding the next directional move.
For now, this signal is helping XRP avoid a deeper drop in the short term.
Key Levels to Watch: Support and Resistance
The analyst expects XRP to continue moving sideways between strong support and resistance levels:
- Resistance: XRP faces resistance around $2.20, followed by a heavier resistance band between $2.30 and $2.40.
- Support: Strong support sits between $2.00 and $2.05.
If XRP breaks below this, the next support zone is around $1.93 to $1.95.
If the token loses the $2 level, a quick drop toward the mid-$1.90 range comes into picture.
XRP Price Prediction: What Happens Next?
In the near term, XRP might move sideways between these zones as traders react to both positive and negative signals. The daily bullish divergence could help XRP hold above $2 for now, but the larger bearish divergence on the weekly chart suggests that the broader trend is still downward.
Unless XRP breaks above $2.40, the downside risk remains in focus. If the $2 support fails, analysts see the price sliding toward $1.93–$1.95, with the possibility of further losses if market conditions weaken.
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