Ripple has enjoyed a bullish rally in recent weeks, but the momentum now appears to be fading as buyers confront a significant resistance level. Technical signals suggest that the market is entering a cooling-off phase, marked by consolidation and potential short-term retracement.<\/p>\n
By Shayan<\/p>\n
On the daily timeframe, XRP\u2019s uptrend has been met with strong resistance around the $2.4 mark, which also coincides with the upper boundary of a prolonged descending wedge pattern near $2.6. This zone is proving to be a robust supply region, as evidenced by the market\u2019s inability to maintain upward momentum.<\/p>\n
Despite the prior bullish impulse, the lack of follow-through buying and momentum at this level has triggered a mild rejection. This suggests that the recent rally may have exhausted itself for now, as buyers fail to overcome this decisive resistance.<\/p>\n
The result is likely to be a short-term consolidation phase below the $2.4 region. This kind of corrective behavior is not unusual after a strong advance \u2014 it allows the market to digest gains, reset indicators, and potentially attract new demand before attempting another breakout.<\/a><\/p>\n Zooming into the 4-hour timeframe, technical weakness becomes more pronounced. XRP has been rejected at the $2.4 resistance, retracing lower shortly after failing to break through.<\/p>\n A bearish divergence has also formed between the price and the RSI, highlighting weakening momentum even as the price tested new highs. Most critically, Ripple has broken below a prior swing low, printing a lower low, often an early signal of trend exhaustion and a potential structure shift.<\/p>\n This confluence of factors points toward a high probability of a retracement toward the $2 psychological level in the near term. Should demand fail to re-enter around this zone, deeper corrections could follow. However, if buyers step in with conviction, this region may serve as a launchpad for another breakout attempt toward $2.6 and beyond.<\/a><\/p>\n The post Ripple Price Analysis: XRP Hits Key Resistance at $2.4 \u2013 Is a Drop to $2 Next?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Ripple has enjoyed a bullish rally in recent weeks, but the momentum now appears to be fading as buyers confront a significant resistance level. Technical signals suggest that the market is entering a cooling-off phase, marked by consolidation and potential short-term retracement. XRP Analysis By Shayan The Daily Chart On the daily timeframe, XRP\u2019s uptrend […]<\/p>\n","protected":false},"author":0,"featured_media":63482,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-63481","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/63481"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=63481"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/63481\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/63482"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=63481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=63481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=63481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}The 4-Hour Chart<\/h3>\n
![<\/a><\/p>\nThe 4-Hour Chart<\/h3>\nZooming into the 4-hour timeframe, technical weakness becomes more pronounced. XRP has been rejected at the $2.4 resistance, retracing lower shortly after failing to break through.<\/p>\nA bearish divergence has also formed between the price and the RSI, highlighting weakening momentum even as the price tested new highs. Most critically, Ripple has broken below a prior swing low, printing a lower low, often an early signal of trend exhaustion and a potential structure shift.<\/p>\nThis confluence of factors points toward a high probability of a retracement toward the $2 psychological level in the near term. Should demand fail to re-enter around this zone, deeper corrections could follow. However, if buyers step in with conviction, this region may serve as a launchpad for another breakout attempt toward $2.6 and beyond.<\/a><\/p>\nThe post Ripple Price Analysis: XRP Hits Key Resistance at $2.4 \u2013 Is a Drop to $2 Next?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Ripple has enjoyed a bullish rally in recent weeks, but the momentum now appears to be fading as buyers confront a significant resistance level. Technical signals suggest that the market is entering a cooling-off phase, marked by consolidation and potential short-term retracement. XRP Analysis By Shayan The Daily Chart On the daily timeframe, XRP\u2019s uptrend […]<\/p>\n","protected":false},"author":0,"featured_media":63482,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-63481","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/63481"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=63481"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/63481\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/63482"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=63481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=63481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=63481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/XRP-D-2-scaled.jpg\"){kind=link}
![<\/a><\/p>\nThe post Ripple Price Analysis: XRP Hits Key Resistance at $2.4 \u2013 Is a Drop to $2 Next?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Ripple has enjoyed a bullish rally in recent weeks, but the momentum now appears to be fading as buyers confront a significant resistance level. Technical signals suggest that the market is entering a cooling-off phase, marked by consolidation and potential short-term retracement. XRP Analysis By Shayan The Daily Chart On the daily timeframe, XRP\u2019s uptrend […]<\/p>\n","protected":false},"author":0,"featured_media":63482,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-63481","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/63481"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=63481"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/63481\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/63482"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=63481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=63481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=63481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/XRP-4H-2-scaled.jpg\"){kind=link}