$XRP LOSING GRIP ON SHORT-TERM SUPPORT: CRITICAL TEST UNDERWAY!
$XRP is currently trading at $2.2916, down -1.09% for the day. Price briefly bounced from the $2.2880 support zone but faced quick rejection near $2.3000. The trend remains weak in the short term, and bulls need to step up fast to avoid deeper downside.
Key Technical Levels:
• Immediate Resistance: $2.2980 – $2.3050
Price has struggled to break through this zone on recent attempts. A close above could revive bullish momentum.
• Critical Support: $2.2880 – $2.2840
This zone is being tested repeatedly. A breakdown below $2.2840 could trigger a sharper sell-off.
• 24h Range:
• High: $2.3543
• Low: $2.2842
Trade Setup:
Bullish Scenario:
• Entry: Above $2.3050 with confirmation
• TP1: $2.3300
• TP2: $2.3550
Bearish Scenario:
• Entry: Below $2.2840
• TP1: $2.2600
• TP2: $2.2400
Stop-Loss Suggestions:
• Longs: Below $2.2850
• Shorts: Above $2.3020
XRP is at a make-or-break level. If bulls can reclaim the $2.3000 zone, a recovery move is possible. Otherwise, a fall below $2.2840 could invite aggressive downside continuation. Watch closely for breakout confirmation candles.