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📉 XRP Under Pressure at $2.90: Solid Support or Imminent Drop?
XRP faces a bearish phase after failing to maintain the $3.00 zone, currently trading at $2.89, according to CoinGecko data. With a trading volume of $1.3 billion in the last 24 hours, selling pressure persists, but the bulls seek to defend key supports. Can XRP stabilize, or is a deeper correction looming?
XRP fell 3.5% from $3.00, now at $2.89.
The price is below the 100-hour SMA ($2.92).
A bearish trendline on the hourly chart indicates resistance at $2.91.
XRP fell 3.5% from $3.00, now at $2.89.
The price is below the 100-hour SMA ($2.92).
A bearish trendline on the hourly chart indicates resistance at $2.91.
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$XRP
Real-time market status
Current price: ~$2.88
24h change: –6.1 %
Daily volume: ±$6.8 B
Technical context and structure
XRP falls today near –6 %, retreating towards key support at $2.85–$2.88, after briefly surpassing that zone in recent days. This correction is mainly a response to profit-taking following recent consolidations.
Key factors of the day
Profit-taking after rally: The pullback coincides with a slight pullback in BTC and ETH, which has led traders to readjust positions.
Tokens moved by Ripple: A surprise movement of XRP worth $600 M was reported, which has generated technical selling pressure.
Technical pattern still healthy: Despite the correction, some on-chain metrics and technical setups suggest a possible continuation towards $6 if support holds.
Technical level of the day
Key support: $2.85–$2.88
Immediate resistance: $3.10 and $3.25
Critical zone: Staying above $2.85 opens up room for a rebound towards $3.10–$3.40; otherwise, the next strong support would be near $2.70.
Institutional / macro outlook
Ripplenet continues to gain institutional ground, although inflows into XRP-linked funds have temporarily halted. Analysts consider this correction a healthy breather before a possible new bullish leg, especially in a favorable regulatory environment.
Will you see this as a buying opportunity at $2.85 or will you wait for it to rise above $3 again? Comment below 👇
Stay connected with us for daily analysis, alerts, and key news:
#XRP #Ripple #AnálisisTécnico #Altcoins #XRPdip
Real-time market status
Current price: ~$2.88
24h change: –6.1 %
Daily volume: ±$6.8 B
Technical context and structure
XRP falls today near –6 %, retreating towards key support at $2.85–$2.88, after briefly surpassing that zone in recent days. This correction is mainly a response to profit-taking following recent consolidations.
Key factors of the day
Profit-taking after rally: The pullback coincides with a slight pullback in BTC and ETH, which has led traders to readjust positions.
Tokens moved by Ripple: A surprise movement of XRP worth $600 M was reported, which has generated technical selling pressure.
Technical pattern still healthy: Despite the correction, some on-chain metrics and technical setups suggest a possible continuation towards $6 if support holds.
Technical level of the day
Key support: $2.85–$2.88
Immediate resistance: $3.10 and $3.25
Critical zone: Staying above $2.85 opens up room for a rebound towards $3.10–$3.40; otherwise, the next strong support would be near $2.70.
Institutional / macro outlook
Ripplenet continues to gain institutional ground, although inflows into XRP-linked funds have temporarily halted. Analysts consider this correction a healthy breather before a possible new bullish leg, especially in a favorable regulatory environment.
Will you see this as a buying opportunity at $2.85 or will you wait for it to rise above $3 again? Comment below 👇
Stay connected with us for daily analysis, alerts, and key news:
#XRP #Ripple #AnálisisTécnico #Altcoins #XRPdip
🚀 XRP Price Prediction | Next 12 Hours ⏳
🔹 Timeframe: 6:30 PM (PKT) | 1:30 PM (UTC)
🔹 Expected Dip: $1.65 📉
🔹 Market Sentiment: Wait for a deep dip before making a move! ⚡
💡 Trade Smart, Stay Alert! 🧐
⚠ Disclaimer: This is not financial advice. Always do your own research before investing.
#XRP #CryptoPrediction #BinanceSquare #CryptoTrading #XRPDip $XRP
#BSCTrendingCoins #BinanceLaunchpoolGUN #MarketPullback #VoteToListOnBinance
$BTC
$ETH
🔹 Timeframe: 6:30 PM (PKT) | 1:30 PM (UTC)
🔹 Expected Dip: $1.65 📉
🔹 Market Sentiment: Wait for a deep dip before making a move! ⚡
💡 Trade Smart, Stay Alert! 🧐
⚠ Disclaimer: This is not financial advice. Always do your own research before investing.
#XRP #CryptoPrediction #BinanceSquare #CryptoTrading #XRPDip $XRP
#BSCTrendingCoins #BinanceLaunchpoolGUN #MarketPullback #VoteToListOnBinance
$BTC
$ETH
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