XRP price falls below key support as bearish momentum intensifies
XRP breaks key ascending trendline as bearish structure intensifies below $2.10
XRP has come under renewed selling pressure, breaking below a major ascending trendline on the 4-hour chart, signaling a shift in momentum toward the downside. The token is currently trading near $2.07, testing support at the lower Bollinger Band around $2.05.
This move follows multiple rejections from the $2.20–$2.30 region, which has now turned into a strong supply zone, reinforced by a bearish EMA cluster that includes the 20, 50, 100, and 200-period EMAs sloping downward.
Adding to the bearish sentiment, the Ichimoku Cloud setup remains structurally weak. Price action is below the cloud, with both the Tenkan-sen and Kijun-sen lines offering immediate resistance at $2.13 and $2.12, respectively. The Lagging Span, or Chikou Span, continues to trail below both price and cloud levels, confirming a bearish alignment across the Ichimoku framework. Volume has also declined in recent sessions, weakening the potential for a reversal without a major catalyst.
XRP price analysis (March 2025 - April 2025) Source: TradingView.
Critical support at $1.97 could determine the next move
From a daily perspective, the horizontal zone between $1.97 and $2.00 serves as the final line of defense for bulls. This level has historically sparked strong rebounds, but repeated tests suggest structural fragility. A close below $1.97 could trigger a deeper decline toward $1.80, with $1.60 as a further downside target if market sentiment worsens.
Conversely, for any recovery attempt to gain traction, bulls would need to reclaim $2.30 and break above the $2.56–$2.60 region. These levels are not only psychological milestones but also coincide with heavy historical resistance and previous rally tops. However, without volume expansion and a MACD bullish crossover supported by strong RSI divergence, a sustainable reversal remains unlikely.
Broader structure favors downside unless key levels are reclaimed
The presence of a descending triangle on the daily chart reinforces the bearish bias. Unless invalidated by a breakout above the upper trendline, this pattern suggests a continuation lower. For now, XRP remains trapped in a weakening structure, with limited upside catalysts and rising pressure near crucial support.
In previous analysis, we highlighted XRP's vulnerability near $2.05 and warned of downside risk if the asset failed to reclaim the $2.30 zone. The current breakdown aligns with that forecast, with volume, EMA structure, and Ichimoku signals reinforcing the prevailing bearish trend.
