$XRP Faces Sharp Rejection Near $3.00 — Support Test at $2.95 Underway
$XRP has dropped to $2.9557 (-0.20%) after failing to hold above the key $3.00 resistance. A strong rejection candle followed by rapid selling suggests bearish dominance in the short term. The price is now testing the $2.95 support zone, which could act as a bounce point. However, a breakdown below this level may push XRP toward $2.89. Watch for reaction at $2.94–2.95 to determine next direction.
Trade Setup:
Entry: $2.960
Take Profit (TP): $3.010 / $3.060
Stop Loss (SL): $2.920