$XRP Faces Strong Wall at $2.70 — Is a Drop Coming Next?
$XRP hit a critical resistance level near $2.70 and instantly showed signs of weakness with a sharp rejection. This could signal a short-term bearish reversal as buyers lose momentum.
Bearish Trade Setup:
• Entry Zone: $2.62 – $2.68
• Stop Loss: Above $2.71
• Target 1: $2.34
• Target 2: $2.16
• Target 3: $2.03
Price action suggests exhaustion at the top. If XRP stays below resistance, we could see a clean pullback toward lower demand zones. A confirmed candle below $2.60 will strengthen this setup. Watch closely.