XRP Faces Selling Pressure as Macro-Driven Rally Fades; Technical Levels Key to Recovery

Source: CryptoNewsNet Original Title: XRP slumps as bitcoin once again falls back to $85,000 level after surge Original Link:

Price Action

XRP edged lower during a volatile session, but the decline came alongside sharply elevated volume — a signal that large players were active even as price struggled to hold key technical levels.

Market Context

Crypto markets swung sharply following a softer-than-expected U.S. CPI print, which briefly lifted bitcoin above $89,000 during U.S. hours. That move faded quickly, however, with crypto once again lagging equities, which remained firmly positive on the day.

The rapid reversal reinforced a pattern that has become familiar in recent weeks: macro-driven rallies in crypto struggling to sustain momentum as positioning thins and sellers reassert control.

Within that backdrop, XRP remained under pressure after failing to reclaim the $2.00 area earlier this month — a level many analysts view as a structural inflection point.

Technical Analysis

XRP continues to trade below its major moving averages, with the loss of the $1.93–$2.00 zone keeping the broader structure tilted to the downside. Former support near $1.93 has now flipped into resistance, aligning with key Fibonacci retracement levels and capping rebound attempts.

While daily momentum indicators show early signs of stabilization — including a developing bullish RSI divergence flagged by several technicians — price has yet to confirm that signal. Until XRP can regain traction above short-term resistance, rallies remain vulnerable to renewed selling.