Ripple’s XRP is in for an interesting week as traders keep a close eye on key price levels. Crypto analyst Zach Humphries, who has 188,000 YouTube subscribers, recently broke down what’s happening with the price of XRP in his latest video. He pointed out that the $2 mark is a major level to watch, along with a few big-picture economic factors that could shake things up.

Right now, Bitcoin is holding steady near $82,000, but market sentiment tells a different story. The Fear and Greed Index has dropped to 15, signaling extreme fear – even though prices are much higher than before. Humphries touched on what’s driving this uncertainty, mentioning concerns about a possible U.S. recession, newly imposed tariffs, and a bearish technical setup.

The big question: Can XRP buyers keep prices above $2, or are we looking at a slide down to $1.60?

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Economic developments are creating uncertainty in crypto markets. The Fear and Greed Index at 15 reflects extreme market fear, though Bitcoin’s price remains above $80,000, showing a gap between sentiment and actual prices.

Several economic issues are affecting the crypto market. Increased recession fear in the US, Trump administration levies, and changing market expectations have resulted in sell-offs across tech stocks as well as cryptocurrencies. JPMorgan is currently allocating 40% risk of US recession, whereas Goldman Sachs is allocating a 12-month probability of 20%. All these economic concerns are putting pressure on XRP’s price and other digital currencies.

XRP opened at $2.13, recovering from a dip to $1.91. Buyers have defended the $2 support level, a crucial price point that has held since late 2024. If this level remains intact, XRP’s bullish trend could continue. However, repeated tests of this support level increase the likelihood of a breakdown.

The price of XRP is holding at $3.41. If XRP is able to move past $2.30, it can encourage the bulls and push the price up to $2.50–$2.60. But if it falls below $2, the support will be at $1.60.

Furthermore, technical indicators provide mixed signals. The RSI is at 43, getting close to oversold territory, which suggests a potential recovery. However, the MACD remains bearish, indicating possible further drops.

Despite the dominant bearish sentiment, historical data suggests that things might improve in the market. Bitcoin’s recovery to nearly $81,000 gives some hope to the entire crypto market. If conditions normalize, XRP’s price might continue moving up.

Traders are keeping a close eye on XRP to see if it can push past resistance or if it’s going to slip below support. With the market as unpredictable as it is, where XRP goes next will depend on how it holds up in the coming days.

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