$XRP Rejected Hard at $2.96 – Big Drop Ahead
After hitting a sharp high of $2.9674, $XRP faced a strong resistance zone and is now showing signs of reversal. The price respected a multi-point trendline (marked in orange) and is forming a classic double top rejection pattern.
📉 SHORT Setup in Play
Entry: $2.69 – $2.72
🎯 TP1: $2.45
🎯 TP2: $2.10
🎯 TP3: $1.88
🛡 Stop Loss: $2.96
📊 Technical Insight:
XRP has reacted to historic resistance levels at $2.5881 and $2.6538. After the final push to $2.9674, sellers took control. If this breakdown confirms, we may see a sharp fall in coming sessions.
📌 Watch Price Action Closely — This could be a high R:R short opportunity for patient traders.
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