Ripple's XRP Plunges Under Key Support: Can Bears Drag Price Lower?

XRP is facing sustained selling pressure in crypto markets against both USDT and BTC. The higher-timeframe structure favors bears, as the token broke below key horizontal support.

The XRP/USDT chart shows a defined descending channel with prices below the 100-day and 200-day moving averages. The 100-day MA acts as dynamic resistance, while the 200-day MA continues to trend lower above current price.

This technical weakness increases downside risk for XRP unless buyers quickly reclaim lost levels. A breakdown below key horizontal support reinforces the prevailing downtrend, leaving the market vulnerable to another leg lower.