XRP Tests $2.10 Support, RSI Breakdown Signals Volatility

XRP price slid 4.5% last week and is now trading in a tightening symmetrical triangle, testing the critical $2.10 support zone. This level also aligns with the previous value area low and the 200-day moving average, marking a key support/resistance flip. A breakdown below $2.10 could trigger a liquidity sweep toward lower supports at $2.01, $1.90 and $1.55. Conversely, a strong defense of $2.10 accompanied by rising volume and a push above the recent local high of $2.40 would boost bullish momentum. The daily Relative Strength Index has broken down from a descending trendline, suggesting mounting pressure and imminent volatility. Traders should watch XRP price action around these support and resistance levels, along with RSI signals, for high-conviction entry points.
Neutral
The combined analysis highlights that XRP price is at a pivotal support level within a tightening triangle and shows an RSI breakdown, indicating potential for sharp moves in either direction. The risk of a downside liquidity sweep coexists with a bullish breakout scenario if $2.10 holds and volume increases. This balanced set of bearish and bullish triggers points to a neutral overall impact until clear confirmation emerges.