XRP Faces Renewed Pressure as Bulls Lose Momentum Near $2.50

XRP is facing increased downside risk after failing to hold gains above key breakout levels. The token, currently trading at $2.49 after a 2.25% intraday drop, shows signs of exhaustion following a strong rally that briefly pushed it above multiple moving averages and a descending trendline. Despite still hovering above the breakout zone, weakening volume signals waning buyer interest, increasing the likelihood of a liquidity-driven downturn.

The recent rally's peak around $2.60 marked a reversal, forming a U-turn pattern that suggests aggressive selling pressure. If the $2.30–$2.25 support range fails to hold, XRP could test the psychologically significant $2.00 mark. A breakdown below this level could invalidate the breakout and push XRP into a deeper correction or extended consolidation phase.

Technical support from long-term indicators like the 200-day EMA remains intact, but momentum is fading fast. The drop in trading volume is a red flag, as lower participation leaves the price more vulnerable to sharp pullbacks. This kind of market behavior, where rallies are met with stronger selling, reflects a shift in sentiment that could alter XRP’s near-term trajectory.

Investors should watch for further moves around the $2.25 zone. If buyers fail to regain control soon, XRP risks slipping into bearish territory despite broader crypto market optimism.