BlockchainBaller
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$XRP Holding the Line Or Preparing to Break?
$XRP is hovering just above the psychological 3.0000 level, a zone that has acted as support in the past. Price action shows consistent lower highs and bearish candles, with sell pressure climbing to over 77%.
Despite strong long-term performance (up 420% over the year), recent momentum has cooled. Price is now consolidating with risk of further downside.
What’s Next?
If 3.0000 holds, XRP could attempt a bounce toward 3.10 – 3.20
A breakdown below 2.90 would open the door for a move toward 2.75 or even 2.60
Momentum indicators and volume suggest sellers are in control for now
Short Trade Setup
Entry: 3.01 – 3.03 after weak bounce
Stop Loss: 3.12
TP1: 2.92
TP2: 2.75
TP3: 2.60
XRP is at a key level. A sharp move is likely soon. Watch for either a strong breakdown below 2.90 or a short-term recovery if bulls step in. Patience and risk control are critical at this point.
$XRP is hovering just above the psychological 3.0000 level, a zone that has acted as support in the past. Price action shows consistent lower highs and bearish candles, with sell pressure climbing to over 77%.
Despite strong long-term performance (up 420% over the year), recent momentum has cooled. Price is now consolidating with risk of further downside.
What’s Next?
If 3.0000 holds, XRP could attempt a bounce toward 3.10 – 3.20
A breakdown below 2.90 would open the door for a move toward 2.75 or even 2.60
Momentum indicators and volume suggest sellers are in control for now
Short Trade Setup
Entry: 3.01 – 3.03 after weak bounce
Stop Loss: 3.12
TP1: 2.92
TP2: 2.75
TP3: 2.60
XRP is at a key level. A sharp move is likely soon. Watch for either a strong breakdown below 2.90 or a short-term recovery if bulls step in. Patience and risk control are critical at this point.
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