The XRP price is under increased selling pressure as it struggles to maintain key support levels following a sharp market correction across major cryptocurrencies.

XRP Bears Test Key Support

This past week has been volatile for XRP, as the token slipped beneath the critical $3 support zone. This breakdown is a bearish signal and led to a 9% weekly decline, reflecting growing uncertainty among investors.

Currently, buyers appear to have regrouped at around $2.70, a support level that is now being closely watched. If XRP is unable to hold this ground, market participants fear a further descent toward the $2.50 mark. The momentum has shifted in favor of sellers, putting bulls on defense as they try to stabilize the price.

Technical Indicators Signal Further Weakness

The 3-day MACD, a popular momentum indicator, flashed a bearish crossover earlier in the week—another worrisome sign for XRP holders. This development typically suggests waning buyer interest and the potential for continued downward movement in the short-term.

Despite the negative trend, market watchers remain optimistic that a rebound could occur if buy volumes return and buyers protect the $2.70 foothold. A bounce from this region might signal a temporary relief rally and give investors a reason to re-enter.

Technical chart of XRP showing critical support and downtrend structure. Chart by TradingView.

Broader Market Context

While XRP continues to face resistance and sustained selling, other top cryptocurrencies are also dealing with their own price corrections. Ethereum slipped after failing to break through $4,800, Cardano struggles below $1, and Binance Coin is consolidating near record highs. Amid this turmoil, XRP’s downtrend stands out due to its deep retracement and lack of bullish support in recent sessions.

Unless Ripple bulls step in at current levels, the risk of a breakdown towards lower price ranges becomes more likely. While short-term pressure remains high, long-term investors may view these levels as potential accumulation zones depending on broader market trends and SEC-related developments.

What to Watch Next

Going forward, XRP traders should monitor the $2.70 and $2.50 support lines for possible rebounds or breakdowns. These levels will likely determine whether the token can consolidate and reverse its current trajectory—or descend further into bearish territory.

With sector-wide corrections still playing out, XRP’s ability to regain momentum will largely depend on improved sentiment, sustained demand, and technical stabilization above key levels. Until then, caution remains advised for traders navigating this volatile phase.

Related: XRP Price: $12M Max Pain for Bears

For a broader look at the whole crypto market’s recent action, including ETH, ADA, BNB, and HYPE, check out the full weekly price roundup.