XRP falls sharply to the level of 2.00 dollars as bears take complete control of the market.

XRP continues to fall, dropping to a crucial level of $2.00 as bearish pressure increases. The asset is currently trading around $2.17 after failing to break through the ongoing downtrend. This trend line has continuously acted as a barrier, preventing any bullish attempts over the past several months. Whenever the price tries to rise above $70, it leads to a sell-off and another attitude from the market. Sellers held on to their control, preventing the price from rising to the $2.30–$2.35 range. Currently, XRP is priced at $2.15–$2.10 and this range is considered the last defense zone. As buying demand and trading limits become narrower, it signals more uncertainty, which may lead to a fall. If the price decreases, the next important level will be around $2.00. Technical indicators signal increasing bearish risk Market indicators have started to confirm the increasing weakness in the structure of XRP. The relative strength index has fallen below 40, indicating a bearish trend and growing pessimism among traders. The 100-day and 200-day exponential moving averages have become resistance levels, hindering the buyers' attempts to reverse. This change has turned short-term rallies into selling opportunities, adding further pressure to the price.

If the price reaches $2.00 or lower, the cryptocurrency could move to the range of $1.80–$1.70. If the downward momentum is stronger, XRP could fall back to the $1.00 area, causing significant losses for investors. Descending triangles on the chart often precede sharp declines after the support line is broken. If buying demand does not return, the situation may unfold in that direction. The price of XRP is about to break the $2.00 level. If the situation does not improve soon, we may see another bearish trend in the market.