XRP Price Falls Amid US Airstrikes, Bears Eye $2.00 Test
XRP price has swung from a sharp rebound above $2.04 to renewed bearish pressure after U.S. airstrikes on Iran’s Fordow, Natanz and Esfahan nuclear sites. Over the past month XRP has slid 14.6% from $2.47 to $2.07 amid heightening geopolitical risks. Trading volume topped $3 billion, with intraday lows near the $2.00 psychological level. Technically, XRP remains capped below a descending trendline from its $2.30 high and is struggling to reclaim the 50-period EMA at $2.13. Resistance at $2.0870–$2.1170 has held after a bearish retest, while the MACD remains negative with no bullish divergence. Short positions target $2.0186 and $1.9852 with a stop-loss above $2.12. Key drivers include escalating U.S.–Iran–Israel tensions, a market rotation out of speculative crypto, and a lack of institutional buying. Traders should monitor geopolitical headlines and the $2.00 support level closely for potential breakdown or relief bounce.
Bearish
The combined reports point to growing bearish pressure on XRP. Short-term, U.S. airstrikes triggered panic selling and a breach of key support levels, while high trading volume suggests strong conviction among sellers. Technical indicators—negative MACD, failure to reclaim the 50-period EMA, and a descending trendline—reinforce the downtrend. Over the longer term, persistent geopolitical risk, ongoing market rotation out of speculative assets, and lack of institutional buying are likely to sustain lower prices and test the $2.00 level or below.