$XRP Breakdown or Bounce?

$XRP just tapped the $3.00 support zone after a strong rally toward $3.60. The bullish momentum paused, and now the chart is showing signs of range consolidation.

Key Observations:

Strong support near $3.00 is holding for now.

If bulls defend this level, we could see a bounce back toward $3.30–$3.40.

A breakdown below $3.00 might trigger a deeper correction toward $2.80–$2.65 range.

Trading Insight:

Wait for clear confirmation — if XRP holds above $3.00 with strong volume, it could be a buy-the-dip zone. But if it closes below $3.00 on the daily, caution is advised.