XRP Price Dips Amid Market Weakness, Key Levels to Watch

XRP is facing downward pressure as most cryptocurrencies enter the weekend in the red, according to CoinMarketCap data. Over the past 24 hours, XRP/USD has dropped by 1.93%, reflecting a broader bearish sentiment across the market.

On the hourly chart, XRP is hovering near a local resistance level at $2.1533. If bulls manage to sustain momentum and the daily candle closes above this threshold, a potential push toward the $2.20 mark may occur. However, market sentiment remains cautious, and any failure to secure this level could result in continued consolidation.

Zooming out to the 4-hour chart, XRP has recently rebounded from the support level at $2.077. This bounce may suggest short-term bullish potential, but traders should watch how the price behaves around the $2.20–$2.25 range. A strong close within this zone could signal further upside, while rejection might lead to another pullback.

From a midterm perspective, XRP is retracing after a false breakout above the $2.59 resistance. This failed attempt has weakened bullish conviction, and unless sentiment shifts, the price could continue sliding toward the key psychological support at $2.00. Maintaining this level will be crucial to prevent deeper losses.

With broader market volatility and declining momentum, XRP traders should stay alert to volume changes and candlestick confirmations near critical levels. As Bitcoin and other major assets struggle to regain upward traction, XRP’s short-term direction will largely depend on overall crypto market cues and potential bullish defense at $2.00.

Search interest and trading volume remain elevated, suggesting that XRP continues to attract investor attention. However, technical signals point to a cautious approach in the coming sessions as traders await a clearer breakout or breakdown.