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XRP Price: Two-Day Rally Still Trapped in a Bearish Pattern
XRP has posted two strong sessions, including an impressive 9% jump on Monday. On Tuesday, the price eased slightly by 1.6% to around $2.19, while spot data shows it trading near $2.24 with an 8% daily gain. This brief rally has pushed XRP back into a key zone that previously served as support but has now flipped into resistance between $2.18 and $2.29.
Because XRP remains below a cluster of major moving averages, the chart still favors a bearish reaction. A pullback toward the $1.90 level appears likely—this is where Friday’s bullish pin bar formed and where the current bounce first took shape. Similar to the earlier charts, I view this strength as temporary. My broader outlook stays bearish due to the existing death cross, with a longer-term target near $1.25, a level last reached about a year ago.