XRP News Today: XRP Tests Key Support at $2.25 Amid Bearish Market Pressure

XRP, a prominent digital asset, is currently at a pivotal point as it approaches a critical support level. According to a seasoned crypto analyst, the asset is on the brink of testing a crucial structural support zone between $2.25 and $2.26. This level is of particular significance as it aligns with the macro 0.382 Fibonacci retracement, a key area to monitor in the short term. The recent price movement is part of a broader market reaction, reportedly driven by renewed macroeconomic pressures. The analyst noted that headlines surrounding tariffs contributed to the sudden rejection XRP faced near the 1:1 extension of the C wave.

The hourly chart analyzed by the expert reveals a symmetrical triangle pattern that has resolved bearishly. The price has broken down from the consolidation zone and is heading toward lower support levels. Momentum indicators, such as the Relative Strength Index (RSI), show a bearish divergence, reinforcing the downside pressure. While other analysts have shared bullish short-term targets, the RSI on the chart indicates lower highs while the price made equal or slightly higher highs, signaling weakening buying interest even before the breakdown.

The analyst underscores the $2.25–$2.26 zone as immediate and crucial support. This level has served as structural support over the last six months, and its confluence with the 0.382 Fibonacci retracement level adds to its importance. The analyst emphasizes that whether the asset can hold this area will likely determine the short-term trajectory of the asset. A successful defense of this support could send it toward the $2.70 area, which sits just above the 0.236 Fibonacci extension that acts as a major overhead resistance level.

However, if the support breaks decisively, analysts may start focusing on deeper retracement levels. The next major support appears near $1.90, corresponding with the 0.5 macro retracement level, and then at $1.55, which marks the bottom range of prior consolidations. Both these levels were pivotal during past market phases, and the analyst noted that they could come back into focus in the event of a continued decline. XRP is currently trading at $2.31 after a minor dip from yesterday. Traders will closely monitor the $2.25–$2.26 level to gauge whether bulls can reassert control or the consolidation will continue.