Can XRP Defend the Critical $2 Support Zone After Failing to Hold the $3 Level?

Can XRP Price Defend the Critical $2 Support Zone After Failing to Hold the $3 Level? This video is published with special permission of Coinpedia.org click the link to read the original text (News, Information, Exchange, PR, Blockchain Events, Crypto Wallet and Other Trusted Crypto Agency on Decentralized World.) https://bit.ly/4qhzpyO _____ Ripple's reported $1 billion XRP investment reduces downside risk While large-scale XRP transfers increase uncertainty in the short term. $2 remains the psychologically critical level; Defending this level may attract new buyer interest. The correction in cryptocurrency markets deepens as Bitcoin price breaks the critical $110,000 support. However, other altcoins, including Ethereum and XRP, fell below the $4,000 and $2.5 thresholds, respectively. Despite the market volatility, XRP price showed some resistance even after losing the $3 support. However, current price action suggests that the correction may continue. XRP came under new selling pressure last week, losing nearly $3 in value as investors focused on the critical $2 support zone. The cryptocurrency's recent weakness follows an overall decline in the cryptocurrency market, despite Ripple's internal and corporate activities intensifying. As both bullish and bearish signals emerge, investors are keeping a close eye on whether XRP can defend this critical level or face the risk of a deeper correction in the coming days. XRP Accumulations and Transfers Surprise the Market Ripple Labs is reportedly preparing to raise $1 billion through a special purpose vehicle to accumulate more XRP tokens; This move is seen as a sign of long-term confidence. Such a large-scale accumulation effort could reduce the circulating supply and stabilize the token during volatile periods. At the same time, data from corporate reports shows that publicly traded companies, led by Japanese fintech giant SBI Holdings, currently hold over $11.5 billion in XRP. Analysts believe that if these developments continue, it could create a supply shock and strengthen the uptrend for XRP as the technical momentum changes direction. Meanwhile, Ripple transferred 70 million XRP in a single on-chain transaction. While large transfers often lead to speculation about possible sales, on-chain trackers suggest the move may be linked to treasury management or internal reallocation rather than exchange inflows. However, investors remain cautious; Historically, such transfers coincide with increases in volatility, especially when the token tests key support zones such as $2.10 and $2.00. XRP Price Analysis: Bears Maintain Short-Term Control From a technical perspective, XRP is trading around $2.33, down approximately 3.1% on the day and remains below its 20-day and 50-day moving averages; Both indicate continued downward pressure. The RSI is hovering around 45, indicating neutral-bearish momentum, while Chaikin Money Flow (CMF) readings indicate limited inflows. Immediate support: $2.20 › $2.00 › $1.85 Resistance levels: $2.55 › $2.80 › $3.10 A daily close below $2 could trigger a sharp correction towards the $1.60-1.70 range, while a recovery of $2.80 would confirm a bullish reversal. XRP 7–14 Day Outlook: Can Bulls Defend $2? Bullish scenario: Ripple's $1 billion accumulation drive and institutional holdings could tighten supply and keep prices above $2.20. A break above $2.80 could push XRP towards the $3.10 region. Bearish scenario: Failure to defend $2 could lead to deeper losses; Momentum-focused investors are targeting $1.60 as the next major bottom. Neutral: Consolidation between $2.10 and $2.70 as investors wait for clarity from ETF updates or Ripple's fund allocation strategy. _____ You can find #XRP #ripple, ripple cryptocurrency, breaking news, XRP ripple analysis, XRP comments on this channel, please subscribe to not miss the next XRP ripple news. XRP ripple News, ripple Breaking News, ripple Breaking News, XRP ripple, Where to Buy ripple, ripple Stake __________ Disclaimer, The information provided in this video is not investment advice, financial advice, not trading advice, it is for informational purposes only, you should not consider any of the video content as investment advice. Please seek advice from your financial advisor before making any investment decisions. #cryptovoicenews