RP Slides as $2.15 Support Fails, Bearish Momentum Intensifies

XRP faced renewed selling pressure Tuesday, declining 3.6% to $2.13 amid broader crypto market weakness and Bitcoin’s looming ‘Death Cross.’ Institutional selling intensified below the key $2.15 support level, driving the token into a volatile $0.17 trading range with volume spiking 76% above the 24-hour average to 177.9 million tokens—highlighting heavy participation during the breakdown.

Sellers dominated evening trading, pushing XRP into the $2.04–$2.05 demand zone, where buyers temporarily stepped in. The token rebounded to $2.11–$2.12, but the recovery lacked strength as volume quickly faded toward the session close. Technical charts now show a clear lower-high, lower-low pattern, signaling persistent bearish momentum.

Despite narratives of ETF-linked inflows, XRP lagged broader crypto benchmarks, suggesting that structural selling pressure currently outweighs fundamental optimism. The rejection at $2.21 and subsequent drop below $2.15 underscore the market’s sensitivity to key technical levels. The reaction at $2.05 provided short-term relief, but the rebound lacks sufficient volume to indicate a durable shift in trend.

Traders are closely watching whether XRP can reclaim $2.15. A successful recovery would neutralize near-term bearish bias, while failure leaves downside targets open, particularly as lower-timeframe charts show supply clusters forming at $2.13–$2.15 with minimal aggressive bid absorption.

Momentum remains pressured by macro factors. Bitcoin’s Death Cross, tightening liquidity, and risk-off flows across altcoins suggest volatility could persist, leaving XRP—typically a high-beta asset—vulnerable to sector-wide corrections.