XRP's price has been under pressure recently, stuck in a bearish trend and breaking below support at $2.10-$2.20.
In the short term, XRP is attempting a bounce, facing resistance levels at $2.30-$2.34, $2.44, and $2.55-$2.62 with no clear signs of a strong recovery yet.
There's a risk of a bearish head and shoulders pattern forming, signaling a potential price drop if confirmed in the next few days.
Key support levels to watch are at $2.10, $2.05, $2.00, and $1.80, while a bullish shift would require breaking above the $2.21-$2.28 resistance zone.