$XRP Hits Key Support – Persistent Sell Pressure Dominates....

$XRP has extended its downward move, now trading at $2.8846, following a sharp rejection from recent highs. The ongoing sell-off reflects growing bearish sentiment across the market.

The price has now broken below multiple short-term support levels, forming a strong downward channel. With buyers showing limited reaction near $2.89, the path of least resistance appears to remain to the downside. Unless there’s a quick recovery, XRP may retest deeper support closer to $2.85–$2.82 range.

Technical Outlook:

Immediate Support Zone: $2.85 – $2.82

Resistance to Watch: $2.91 – $2.93

Bias: Bearish continuation unless price reclaims above $2.91 with strength

Trader's Insight:

Selling pressure is intensifying with minimal buyer defense in sight. Any short-term recovery is likely to face strong resistance. Conservative traders should wait for signs of stabilization before re-entry.