Early Morning Ripple Price Action Shows Controlled Retracement

XRP saw a 2.2% pullback in early morning trading, slipping from its recent local high as short-term traders locked in profits. The dip comes after several sessions of steady upside momentum, pushing XRP back toward the closely watched $2.10 support level. Despite the retracement, overall price structure remains constructive, with bulls still holding key technical ground.

At the time of the pullback, XRP was trading in the $2.05-$2.15 range, reflecting moderate volatility compared to last week’s average daily move of nearly 3.8%. This suggests the current decline is more of a technical reset than a trend reversal.

Volume and Momentum Data Signal Market Pause

Trading volume declined roughly 12-15% from the previous session’s peak, a classic sign of consolidation rather than aggressive selling. The Relative Strength Index (RSI) on the 4-hour chart cooled from overbought territory near 68 down to around 55, indicating healthier momentum conditions.

Meanwhile, XRP continues to trade above its 50-day moving average, a level many technical traders view as a trend-defining indicator. As long as price remains above this average, bulls are statistically favored to defend dips.

Why the $2.10 Support Zone Is Critical

The $2.10 level has acted as both resistance and support multiple times over the past two weeks, making it a high-liquidity zone. Historical price data shows that XRP has bounced from this region with an average upside follow-through of 6-9% when volume confirms buyer interest.

If bulls successfully hold this area, upside targets sit near $2.22 and $2.30, where previous sell-side liquidity remains. A breakdown below $2.10, however, could open the door to a deeper retracement toward $1.95, a level aligned with prior consolidation and Fibonacci support.

Broader Market Context Still Favors Bulls

From a market-wide perspective, XRP remains up over 18% on a monthly basis, outperforming several large-cap altcoins. On-chain data also shows stable wallet activity, with no spike in large holder outflows often a bearish warning signal.

Short-Term Outlook

For now, XRP’s 2.2% retracement appears technically healthy. Bulls will likely attempt to re-test and defend $2.10, setting the stage for the next directional move. If volume returns and broader crypto sentiment holds steady, the probability favors another upside attempt rather than a sustained breakdown.