XRP Plunges Below $2.10 Amid Technical Downward Pressure

XRP's price has fallen below $2.10, leaving it vulnerable to further losses as technical indicators suggest a downward trend.

The cryptocurrency attempted to recover above $2.120 but reversed course, dropping below critical support levels at $2.050 and $2.00.

XRP fell to a low of $1.993 before consolidating below the 23.6% Fibonacci retracement level of its downward move from a $2.177 high.

The Relative Strength Index has dropped below 50, signaling weakening momentum and potential for additional losses if XRP fails to reclaim the $2.050 resistance zone.