XRP traded near the $2.00 support after its daily candle closed bearish as market sentiment followed Bitcoin’s uncertain direction, while traders monitored the $2.27 and $2.75 resistance areas for potential movement.
XRP price action turned bearish as the market moved in line with Bitcoin’s unstable sentiment. The altcoin traded near the $2.00 support area, which marked a key level for buyers during recent sessions.
XRP remained close to the $2.0000 support zone while the broader market awaited a decisive trend. A move above the $2.2700 resistance level could open a path toward the $2.7500 region. This level appeared on the chart as a significant barrier that aligned with a long-term descending trendline.
The chart also showed that movement below $2.0000 could shift trading into a sideways structure. This kept XRP sensitive to Bitcoin’s next move as the market approached the weekend. The daily setup depended on stronger sentiment building from XRPTBC pairs, which traded without clear signals.
Traders continue to ask one question: Can XRP regain bullish momentum while Bitcoin’s direction remains uncertain?
Intraday trading showed volatile movement as XRP price faced slight downward pressure. The chart suggested that the intraday structure leaned bearish. Traders monitored a possible decline if the structure failed to improve.
A bullish move above the $2.0800 intraday resistance could shift momentum. This move would create space for a push toward the $2.2770 resistance zone. This level appeared repeatedly as a short-term target for intraday traders seeking directional clarity.
A rejection from $2.0800 could extend sideways movement across the session. The market also awaited a clearer chart pattern before engaging with new trades. The sentiment from Bitcoin continued to influence XRP’s intraday direction as both markets aligned closely. The chart outlined support between $1.90 and $2.00, areas that traders monitored for potential reactions.
XRP price charts displayed a long descending trendline that extended from earlier highs into the current structure. This trendline connected several lower highs and pointed toward the $2.7500 resistance level as a potential breakout target.
The analysis shown on the chart stated that a breakout above $3.65 could trigger a strong move toward $4.60–$4.70. This level sat far above the current range, serving as a long-term marker for future rallies. The purple resistance region near that area remained untouched since the previous highs.
Several horizontal support levels appeared between $1.30 and $1.90. These levels created a broad foundation below the market in case of further declines. XRP previously reacted to some of these zones during earlier drawdowns, making them relevant for future sessions. The price remained inside a multi-month range.
Also Read: XRP Moves Toward Major Support as Chart Signals Sharp Pullback
XRP trades close to the $2.00 support as both daily and intraday structures respond to Bitcoin’s shifting sentiment. Key resistance zones at $2.08, $2.27, and $2.75 define the next potential move. Traders should monitor these levels closely as market direction continues to align with Bitcoin’s performance.