XRP’s recent surge above $2 has sparked optimism for bulls, but new signals suggest this rally might not be sustainable. Despite surpassing the pivotal $2 level, the asset is now trading below the 100 EMA, with decreasing volume suggesting speculation driven by momentum rather than genuine investor confidence. The approaching pre-death cross, where the 50 EMA could potentially fall below the 100 EMA, further amplifies bearish sentiment. This coincides with a declining transaction count on the XRP Ledger, raising concerns about long-term utility and value for the token. While XRP’s position remains precarious, support levels around $2.00-$1.95 are in play, while a sustained recovery would require a decisive break through resistance at $2.24-$2.25 with strong volume. The outlook for XRP is uncertain as the market awaits a potential reversal and breakout above the 100 EMA.