XRP recently surged to $2.45 before being sharply rejected, dropping back to a critical support level at $2.3. If this level breaks, analysts warn we could see a further drop to $2.00.
What’s Happening?
Last week, XRP hit a high near $2.7, then faced rejections down to $2.3.
Over the weekend, it tried again — reaching $2.5, but failed to hold.
Now, $2.3 acts as a crucial support zone. If it breaks, $2 could be next.
Whale Alert:
A major whale — with strong profit history — has reduced their XRP buying position. This can be seen as a bearish signal, showing caution among big players.
Buy Signal or Trap?
Analyst Ali Martinez spotted a TD Sequential buy signal on the hourly chart, hinting at a potential reversal.
Meanwhile, Google Trends show XRP search interest is climbing — often a sign of upcoming volatility.
Conclusion:
XRP is at a make-or-break point. Watch $2.3 closely. A bounce could spark a rally, but a breakdown may lead to $2.00 retest.
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