$XRP LOSING MOMENTUM – WILL SUPPORT HOLD OR CRACK BELOW $2.50?
$XRP is currently trading at $2.5638, showing signs of exhaustion after repeated rejection near the $2.62 zone. A breakdown attempt has been made, and bulls are now fighting to defend the $2.56–$2.50 support band.
Key Levels to Watch
Resistance Levels:
• $2.6000 – Immediate bounce resistance
• $2.6200 – Intraday supply zone
• $2.6516 – 24H high and strong rejection area
Support Levels:
• $2.5600 – Current bounce zone
• $2.5400 – Mid-level support
• $2.5040 – 24H low and critical breakdown point
Trade Setup – Expect Sharp Move Ahead
Bullish Entry:
A confirmed breakout above $2.6000 could target:
• TP1: $2.6200
• TP2: $2.6516
Bearish Entry:
A break below $2.5400 may send price lower toward:
• TP1: $2.5200
• TP2: $2.5040
Stop-Loss:
Use tight stop-losses:
• Bullish case: Below $2.5400
• Bearish case: Above $2.6000