$XRP /USDT – Downtrend Signal for Spot and Futures
Current Price: $2.94
Price is weakening after failing to break above $2.98. Selling pressure is building, and the price is moving lower from the recent high of $2.98. If it stays below $2.95, further downside is expected.
Key Levels:
Resistance: $2.95 and $2.98
Support: $2.90 and $2.85
Trade Setup – SHORT:
Entry Zone: $2.94 to $2.95
Stop Loss: Above $2.98
Target 1: $2.90
Target 2: $2.85
Target 3: $2.80
Summary:
XRP is showing weakness and losing buyer interest. A break below $2.90 can confirm more downside. Spot and futures traders can consider short positions with tight risk management.