The traders appear to have turned pessimistic as the sell-offs have intensified. More than $250 billion has been squeezed out of the markets while the trading volume has doubled, reaching above $225 billion in just a few hours. The popular cryptos like Bitcoin and Ethereum have attracted huge losses, while the fourth-largest crypto, XRP, is about to lose a crucial support zone, entering a ‘buy zone.’ Under normal conditions, the buyers jump in and accumulate at the lows; however, the current trade setup suggests that the XRP price is at the foothill of a strong pullback.
So what’s next? Will the XRP price lose $2 support or rebound back to $2.5?
The XRP price has been consolidating within a predetermined range after the crypto crash that occurred at the start of Q4, 2025. The price has been defending the support at $2.3 multiple times, and in case of a breakdown, the bulls have initiated a rebound. However, with the bearish MACD, the MAs are also about to confirm a bearish outlook, raising concerns over the upcoming price action.
The above chart suggests the 50/200-day MAs are heading for a bearish crossover as the 50-day MA displays a bearish divergence. The price has entered an important support zone between $2.24 and $2.28, which has been a strong resistance zone earlier. On the other hand, the RSI continues to maintain a strong descending trend, forming consecutive lower highs and lows, yet to reach the lower threshold. Hence, the XRP price is feared to drop below $2, if the Dead-Cross materliases.
Alongside this, Ripple announced a token unlock of nearly a billion XRP, which has attracted widespread market attention. The unlock is a part of the monthly tradition that is expected to test the market’s liquidity capacity and investor confidence. In the meantime, whales have sold nearly 900K in the past few days, which validates the bearish targets.