$XRP STRUGGLING NEAR RESISTANCE: BREAKOUT OR REJECTION COMING?
$XRP is currently trading at $2.3441, down -4.41% on the day. After recovering from the $2.2838 low, price is now stalling just below a major resistance zone. Volume remains high at 206.91K, but sell pressure is clearly outweighing buys (58.33% ask-side dominance).
Key Levels to Watch:
• Immediate Resistance: $2.3480 – $2.3500
A clean break above this range could open the door for:
• TP1: $2.3740
• TP2: $2.4120
• Support Zone: $2.3350
If this level fails to hold, price could slip further toward:
• TP1: $2.3100
• TP2: $2.2850
Trade Setup:
• Bullish Entry: On a confirmed 15m close above $2.3500
• Stop-Loss: Below $2.3350
• Bearish Entry: On breakdown below $2.3350
• Stop-Loss: Above $2.3480
$XRP is facing a key test. A breakout above $2.3500 could invite momentum, but rejection here may drag price back down. Wait for a confirmed move to trade with confidence.