XRP Struggles Below $2 as Selling Pressure Dominates Price Action

XRP has been unable to sustain any meaningful recovery as persistent selling pressure continues to dominate price action. A recent rally attempt pushed the asset toward key resistance zones, but the move was quickly rejected before gaining any real momentum. The most notable failure came as XRP approached the psychologically significant $2 level — a zone that proved too strong for buyers to overcome.

The swift rejection at that level signals that sellers remain firmly in control. It also highlights a troubling absence of sustained demand at higher price points, reinforcing bearish sentiment across the market. Rather than building momentum, every upward push has been met with renewed selling, leaving the recovery looking fragile at best.

Currently, XRP is struggling to hold support in the $1.45 to $1.50 range. While buyers have made modest attempts to build a short-term base from recent lows, the structure remains unconvincing. The broader trend continues to show a pattern of lower highs — a classic sign of a sustained downtrend with no clear reversal in sight.

Adding to the bearish outlook, key technical indicators remain unfavorable. The 50-day and 100-day exponential moving averages are both trending downward and acting as dynamic resistance, consistently capping any price recovery. As long as XRP trades below these moving averages, the path of least resistance remains to the downside.

The failed breakout near $2 not only invalidated the recovery narrative but also deepened market pessimism. Investors now face a challenging environment where strong resistance looms overhead and support between $1.40 and $1.50 grows increasingly thin.

For any meaningful bullish reversal, XRP needs to reclaim critical moving averages and clear major resistance levels with sustained volume — neither of which appears imminent given current market conditions.