Overview
- XRP failed to clear the $2.70–$2.72 pivot and is trading below $2.60 and the 100‑hour SMA, signaling short‑term weakness.
- Immediate supports sit at $2.550 and $2.5120, with a break below $2.5120 opening downside targets near $2.468, $2.420 and $2.40.
- Price action has slipped beneath the 200 EMA, increasing the probability of a continuation move toward the $2.00 level.
- Short‑term indicators remain cautious, with the hourly MACD still in the bearish zone and the RSI below 50.
- A decisive reclaim above roughly $2.68–$2.72 would shift bias back to the upside, with potential tests of $2.75 and $2.80.