$XRP Massive Wick or Momentum Shift? Bulls Hit Hard After Topping at $2.97!
XRP surged to a fresh high of $2.9750, posting a strong +12.62% gain, but faced an aggressive selloff right after. Now sitting at $2.7647, the price is clinging to a key support. Is this a healthy retest — or the start of a deeper drop?
Key Technical Levels
• Resistance Zone:
• $2.90 – Local resistance from recent rejection
• $2.97 – 24h high; breakout above could target the $3.10 zone
• Support Zone:
• $2.75 – Currently holding as immediate support
• $2.70 – Key structure level; breakdown could trigger further sell pressure
• $2.62 – Last strong support from earlier base
Trade Setup – Watch Price Reaction Near $2.75
• Bullish Entry: A strong bounce from $2.75 or break above $2.90
• TP1: $2.94
• TP2: $3.00
• TP3: $3.10
• Bearish Entry: Breakdown below $2.70
• TP1: $2.62
• TP2: $2.55
• TP3: $2.44
Volume is exploding at 38M, suggesting the move isn’t random — but follow-through matters now. Either bulls reclaim control above $2.90, or bears could drag this back to the mid-$2.60s.
Next move is critical — bounce or flush? Get ready.