XRP Price Drops as Ripple-Linked Token Rejects $2.12 Resistance, Sell-Off Intensifies

The XRP token is facing increased selling pressure following its failure to maintain a crucial breakout above the $2.12 resistance level. This rejection has triggered a bearish reversal in the short-term market structure, leading to a notable decline in its price. Analysts are monitoring key support zones as the lack of sustained momentum above this critical threshold signals potential for further downside. The market sentiment around Ripple's associated digital asset has shifted, with traders now watching for a consolidation phase or a deeper correction. This price action highlights the ongoing volatility and the importance of technical levels for XRP's trajectory.