XRP has broken below the critical $2.07 support level, indicating a potential deeper correction as trading volume surges. Despite nearly $850 million in inflows into XRP ETFs since mid-November, the token is experiencing short-term technical weakness. XRP's price fell sharply from $2.20 to $2.10, marking a 5.7% decline in 24 hours.
The breakdown below $2.07 has turned this former support into resistance, with $2.05 now a key level to watch. Analysts caution that failing to reclaim the $2.07–$2.11 range could lead to a retest of November's lows, as Bitcoin's pullback below key weekly levels heightens sensitivity to technical breakdowns among altcoins.
XRP Faces $2.05 Retest Amid Technical Breakdown and ETF Inflows
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