🚨 $XRP at a critical moment – Will it hold or collapse?
XRP is holding above the psychological level of 3.0000, which has been an important support line in the past. However, the recent movement shows consecutive lower highs, and a 77% increase in selling pressure weakens the bulls' position.
📉 What is the most likely scenario?
• If support at 3.0000 fails, we may see a drop towards 2.75 then 2.60
• If buyers hold on, we might see a slight rebound to 3.10 – 3.20
📌 Potential sell trade setup:
• Entry: 3.01 – 3.03 (after a weak rebound)
• Stop loss: 3.12
• TP1: 2.92
• TP2: 2.75
• TP3: 2.60
📊 Negative momentum is dominating, but don't rush — a sharp move is likely coming. Patience and risk management are your weapons now.
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