Yigit Taha OZTURK 
As cryptocurrency market fluctuations continue, XRP is experiencing sharp movements. After breaking the minor uptrend, XRP saw a significant decline, dropping to the $2.22 support level. While it seems to have bounced slightly from this level, the overall market structure suggests that the downtrend may continue.
Key Support and Resistance Levels
From a technical analysis perspective, if the $2.22 level is breached, the price is expected to decline further toward the next support at $2.13. This zone forms a strong support area in the short term. However, if this level is also broken, XRP may face even larger losses.
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On the other hand, if the price moves upward again, downward FVG (Fair Value Gap) areas will act as key resistance levels. Breaking these resistances could help XRP recover. However, given the ongoing market uncertainty, caution is advised.
Bitcoin’s Movement Could Impact XRP!
The primary determining factor in the market remains Bitcoin’s price action. If Bitcoin’s decline deepens, the selling pressure on XRP may also increase. This situation calls for extra caution from investors.
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