XRP’s Bullish Momentum Wanes as Recovery Falters at $2

Despite recent positive price action, XRP has seen its upward momentum stall following a brief recovery attempt. After rising from $1.95, a level corresponding to the 200-day EMA (black line), XRP reached resistance near the $2.20-$2.30 range. However, fresh selling pressure is emerging as it struggles to break through this level, casting doubt on its short-term trajectory.