$XRP STRUGGLING TO HOLD SUPPORT – DEAD CAT BOUNCE OR REAL RECOVERY?
XRP is currently trading at $2.1397, slightly up on the day but still under clear bearish pressure. After hitting a 24h low of $2.1263, price is attempting a weak bounce—but resistance levels above are stacking fast.
Key Levels to Watch:
Resistance Zones:
$2.1450 – Nearest short-term resistance
$2.1570 – Mid-range supply zone
$2.1690 – Breakdown point and key resistance from earlier session
Support Zones:
$2.1300 – Immediate support
$2.1263 – 24h low and must-hold level
$2.1100 – Deeper support if breakdown continues
Trade Setup – Still Bearish, Bounce May Fade:
Bullish Scenario:
A break above $2.1450 may attempt a short-term recovery.
Targets:
TP1: $2.1570
TP2: $2.1690
Bearish Scenario:
Losing $2.1300 could lead to further downside.
Targets:
TP1: $2.1263
TP2: $2.1100
• Weak bounce from $2.1263, still under pressure
• Break above $2.1450 = recovery potential
• Drop below $2.1300 = bearish continuation confirmed