XRP Eyes $2.00 Support Amid Trendline Break and Muted Volume

XRP Eyes $2.00 Support Amid Trendline Break and Muted Volume

The post XRP Eyes $2.00 Support Amid Trendline Break and Muted Volume appeared on BitcoinEthereumNews.com.

COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process—not noise. 👉 Sign up → XRP tumbles rapidly due to a break below its short-term ascending trendline, signaling renewed bearish control and low trading volume. This could drive the cryptocurrency toward the $2.00 support level amid weakening buyer momentum and potential death cross formation on moving averages. XRP has declined nearly 5% to around $2.40, invalidating its recent recovery pattern post-October crash. The asset lacks solid support between current prices and $2.00, increasing downside risks. Trading volume remains muted with RSI at 41, indicating growing weakness and absence of bullish defense, per TradingView analysis. XRP tumbles rapidly as bearish pressures mount with low volume and trendline break. Discover key support levels and what this means for investors in 2025. Stay informed on Ripple’s token dynamics—read now for expert insights. What is causing XRP to tumble rapidly? XRP tumbles rapidly following a decisive break below its short-term ascending trendline, which has shifted market control back to bears. As of recent trading sessions, the cryptocurrency is hovering near $2.40, reflecting a sharp 5% daily decline that underscores fading buyer enthusiasm. This development nullifies the fragile recovery…