🔻 XRP Pullback: Trouble Below $2.30 — But Is It a Setup for the Bulls? 💥
XRP is sliding again after rejection near $2.35, trading under key levels and forming a bearish trendline. Is this just a shakeout before a rip higher — or is $2.20 next? 👀
🔍 Quick Recap:
❌ Rejected at $2.35 & now under 100-hour SMA
⚠️ New bearish trendline forming near $2.305
📉 RSI under 50, MACD still bearish
🧠 What Traders Are Watching:
Bullish Scenario 📈
✅ Reclaim $2.305 → Break $2.37
🎯 Target zones: $2.40 → $2.45 → $2.50
Bearish Scenario 📉
❌ Lose $2.265 = More downside
🚨 Watch out for $2.23 & $2.20 sweep
📊 Fib Levels:
23.6% = Cleared
50% @ $2.37 = KEY to break
Above that? Bulls back in control 💪
📢 TL;DR:
XRP bulls must flip $2.305–$2.37 or $2.20 is next.
🔑 Eyes on volume and trendline — next few hours could set the tone.
👉 Drop a 💬 if you’re still holding XRP
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📈 #XRP #Ripple #altcoins #cryptoupdate1 #BinanceSquar