• XRP trades near $2.03 inside a descending channel, with repeated rejections turning rebounds into slow declines.
• Spot flows show a brief $4.36M inflow, but derivatives activity and open interest continue to fall as traders reduce risk.
• Failure to hold $2 support exposes downside toward $1.83 and potentially $1.72 unless price reclaims $2.39 resistance.

XRP price today trades near $2.03, extending a steady decline that has persisted since September and pushing the token deeper into a controlled downtrend channel. Price recently failed to hold a short-lived recovery attempt and is now testing lower support levels again as sentiment remains fragile. 

The daily chart highlights a persistent descending channel that has capped every rebound attempt for nearly three months. Each push higher has been met with rejection at low…

Read The Full Article XRP Price Prediction: Selling Pressure Builds As XRP Tests $2 Support Zone On Coin Edition.

• XRP trades near $2.03 inside a descending channel, with repeated rejections turning rebounds into slow declines.
• Spot flows show a brief $4.36M inflow, but derivatives activity and open interest continue to fall as traders reduce risk.
• Failure to hold $2 support exposes downside toward $1.83 and potentially $1.72 unless price reclaims $2.39 resistance.

XRP price today trades near $2.03, extending a steady decline that has persisted since September and pushing the token deeper into a controlled downtrend channel. Price recently failed to hold a short-lived recovery attempt and is now testing lower support levels again as sentiment remains fragile. 

The daily chart highlights a persistent descending channel that has capped every rebound attempt for nearly three months. Each push higher has been met with rejection at low…

Read The Full Article XRP Price Prediction: Selling Pressure Builds As XRP Tests $2 Support Zone On Coin Edition.