XRP Price Drops Below $2.20: What’s Holding Back the Bulls Today?

After consolidating for most of April, the XRP price today remains in a pivotal zone near $2.17, caught between key moving averages and descending resistance lines. While the broader trend remains range-bound, recent rejections and failed breakouts raise fresh concerns for short-term bulls. Traders are closely watching whether the XRP price can reclaim $2.20 or if a bearish retest toward $2.00 looms ahead.

Multi-Timeframe Structure: What’s Happening With XRP’s Price?

The daily chart shows XRP trading within a compressing triangle that has defined April’s price action. The descending trendline from the March high continues to cap upside moves, currently intersecting around $2.26. Horizontal support in the $2.05–$2.10 region remains structurally critical and has held firm across both March and April pullbacks.

The 30-minute and 4H charts highlight failed attempts to break above the $2.20–$2.23 resistance zone, with multiple lower highs forming. The coin is currently hovering just below both short-term trendline resistance and a previous breakdown zone.

XRP Price Action: Structure Across Daily and 4H Charts

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