$XRP Pulls Back After $3.03 Peak — Rally Cooling Down or Just a #Dip ?

💸 Current Price: 2.9000

📉 24h Change: -1.77%

📊 24h High: 3.0350 | 📉 24h Low: 2.8038

🔄 24h Volume: 360.66M (XRP), 1.05B (USDT)

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📊 Technical Analysis (Chart Insight)

📌 Massive Rally: XRP has surged from 2.06 to over 3.03 — over 40% gain in under two weeks. This explosive move followed multiple bullish candles and momentum breakouts.

📌 Resistance Hit: Price touched 3.0350, a psychological and technical resistance zone. First signs of rejection now visible with red candle forming post-top.

📌 AVL Key Zone: Support now sitting near 2.8727 (AVL line) — crucial zone to watch. Holding above this could maintain bullish structure.

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📰 What’s Fueling XRP?

✅ Legal Momentum: Recent optimism around Ripple’s ongoing SEC legal case has re-energized investors. Speculation of a favorable settlement continues to build.

✅ Altcoin Rotation: Traders are rotating from exhausted high-cap coins into mid-cap movers — XRP among top picks.

✅ Strong Yearly Performance: XRP is already up +444.61% YoY, placing it among the top large-cap performers of the year.

✅ Community Activity Up: On-chain activity and wallet engagement on XRP Ledger have been rising — adding organic strength.

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🔮 What Could Happen Next? (Not Financial Advice)

📌 If 2.87–2.90 holds as support, XRP could quickly bounce toward retesting 3.03 and potentially break higher toward 3.15–3.20 zone.

📌 But a clean break below 2.87 could spark a correction down toward 2.65–2.44 area before finding next consolidation base.

📌 Candle Closes and BTC movement will play key role in short-term outcome.

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⚠️ Final Thoughts:

XRP just hit a major local high and now enters a healthy cooling phase. If the broader market stays stable and Ripple delivers positive news, XRP could lead the next breakout wave.

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