$XRP Price Dips: Key Levels to Watch Amid Market Pullback
$XRP is facing downward pressure after failing to hold above $2.20, signaling a potential deeper correction. Here’s what traders should watch:
1.Key Resistance Levels
- $2.1320– Immediate hurdle for recovery
- $2.1750 – 50% Fib retracement (from $2.2579 high to $2.095 low) and trendline resistance
- $2.1950 – Break above this could signal bullish momentum toward $2.25-$2.30
2.Critical Support Zones
- $2.10 – Short-term support
- $2.080 – Breakdown here may trigger a drop toward $2.050-$2.020
3.Market Sentiment & Indicators
- Hourly MACD* – Bearish momentum persists
- RSI Below 50 – Indicates weakening buying pressure
- Broader #crypto pullback influenced by #FOMCMeeting and #StrategicBTCReserve moves
What’s Next?
If bulls reclaim $2.20, we could see a rebound. However, failure to hold $2.08 may extend losses.
XRP traders, stay alert! Will this dip present a buying opportunity or lead to deeper correction? 👀
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