Today, XRP/USDC is trading at 2.9517, down by 6.61% over the last 24 hours. The price recently made a strong rebound from the 2.8920 support level after facing significant downward pressure throughout the session.
The 15-minute chart shows a consistent decline earlier, followed by a minor upward recovery, signaling a potential short-term reversal. The price is currently hovering around the MA(5) and MA(10) moving averages, with slight bullish momentum visible in the MACD histogram turning green.
📊 Key Levels to Watch:
Support: 2.8920
Resistance: 3.0411 and then 3.0949
If the price can break and hold above 3.00, we might see a continuation toward 3.15 in the coming sessions. However, a rejection from this range could bring back selling pressure.
🧠 My Personal View: This is a classic setup where the market takes a dip, shakes out weak hands, and then starts to build strength again. XRP still holds strong fundamentals, and this dip may be a buy-the-dip opportunity if it holds above 2.89 support.
🚀 "Stay patient, stay focused – big moves come after the shakeouts."$XRP