$XRP /USDT – Breakdown Watch at Crucial Support!

$XRP has dropped sharply, now trading at $2.4110 (-6.21%), hovering just above a key support at $2.4041. Momentum is bearish, and a break below this level could open the gates for further downside.

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XRP/USDT Trading Snapshot:

Current Price: $2.4110

24h Change: -6.21%

24h High: $2.5755

24h Low: $2.4041

24h Volume (XRP): 163.30M

24h Volume (USDT): $408.70M

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Bearish Setup (Breakdown Play):

Short Entry Zone: $2.41 – $2.45

TP1: $2.30

TP2: $2.18

Stop-Loss: $2.51

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Bullish Bounce Scenario (Only on Strong Reversal):

Long Entry Zone: $2.40 – $2.42

TP1: $2.50

TP2: $2.58

Stop-Loss: $2.39

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Market Insight:

XRP is under intense selling pressure as it tests a fragile support zone. If $2.40 fails, expect accelerated drops. Bulls need a volume surge to reclaim $2.50 and shift the short-term bias.

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Pro Tip: Observe the 1H RSI and MACD divergence. If no bullish divergence forms at $2.40, the downtrend likely continues. Use a tight SL to guard against fakeouts.

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