🔴XRP is trading around $2.09, having declined after a pullback from the $2.20 resistance level. Charts indicate weakening bullish momentum: both the RSI and MACD remain in bearish territory, and the price has fallen below all key EMAs. A false breakout on June 25 further strengthened selling pressure.
🔴Additional downward pressure comes from capital outflows — June 26 saw a $31 million net withdrawal from spot exchanges. If the price fails to hold above $2.08, a drop to $1.95 and $1.80 is possible. Only a breakout above $2.20 with strong volume would open the door for a recovery toward $2.32. For now, the bears remain in control.