XRP Eyes Potential Short-Term Bounce to $2.2 Amid Bearish Momentum
The post XRP Eyes Potential Short-Term Bounce to $2.2 Amid Bearish Momentum appeared on BitcoinEthereumNews.com. XRP’s price has declined toward the $2 level amid a bearish outlook in 2025, with exchange reserves dropping and onchain accumulation rising. The total crypto market cap fell by $141 billion in two days, pushing the Fear and Greed Index to 20, indicating extreme fear that hampers altcoin recovery. XRP exchange reserves continue to decrease, pointing to growing onchain accumulation by holders. The asset struggles to break $2.28 resistance, reinforcing seller dominance in the market. Market-wide fear, with the Fear and Greed Index at 20, is likely to delay XRP’s short-term recovery efforts. XRP price analysis reveals a bearish trend in 2025, with declining reserves and market fear. Discover key support levels and trading insights to navigate volatility. Stay informed on XRP developments today. What is driving the XRP price decline in 2025? XRP price decline in 2025 stems from reduced exchange reserves and persistent bearish sentiment across the crypto market. As reserves drop, onchain accumulation increases, yet the asset faces strong selling pressure, failing to surpass the $2.28 resistance level. This downturn aligns with a broader market correction, where the total capitalization shed $141 billion over two days, according to data from CoinMarketCap. How does the current market fear impact XRP’s recovery? The Fear and Greed Index, tracked by CoinMarketCap, currently stands at 20, bordering on extreme fear levels, which typically suppresses altcoin rallies like XRP’s. This sentiment, exacerbated by recent liquidations and a multi-month downtrend, delays buying interest. Expert analysis from TradingView indicators shows moving averages acting as barriers, with the 20 and 50-period lines capping upward moves. Historical data indicates that such fear phases often precede prolonged consolidations, as seen in past cycles where XRP took weeks to stabilize post-dips below $2. XRP has experienced a steady drop in exchange-held supplies, with reports from onchain analytics platforms…