<ul data-eligibleForWebStory="true"><li>XRP is trading at $2.1259 after failing to stay above the $2.30 resistance zone, signaling short-term weakness.</li><li>Sellers pushed the price below key moving averages after repeated rejections between $2.3381 and $2.3719.</li><li>Price is approaching oversold territory near the lower Bollinger Band at $2.1432, with next support at $2.0845 - $2.0612.</li><li>A bounce from the current support block could lead bulls to retest the $2.30 - $2.37 resistance area.</li><li>XRP faced significant resistance between $2.3381 and $2.3719, triggering a decline below key moving averages.</li><li>The price is hovering near the oversold territory at $2.1432, indicating a potential rebound or further decline towards $2.00.</li><li>Despite the downside pressure, a bounce from the current support block might rejuvenate bullish momentum towards resistance levels.</li><li>XRP's technical outlook weakens as key support levels are tested, with uncertainty on whether XRP can recover or extend its decline.</li></ul>

$2.00 in Sight? XRP Tests Critical Support After Breakdown

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