XRP $XRP dips under $3 amid rising bearish pressure.
XRP dips below $3, hitting $2.89 as bearish momentum takes over. MACD flashes warning signs as traders brace for more downside.
💥XRP Price Cracks Key $3 Support Level
XRP has broken through the crucial $3.00 psychological barrier, currently sitting at $3.01336 after a 0.30% daily drop. The token earlier touched a low of $2.89376 before recovering slightly from its $3.05927 daily high.
Traders are getting nervous after XRP got rejected at the $3.17 resistance zone, which many saw as a make-or-break level. That rejection seems to have killed the bullish vibe, and now everyone's wondering if more pain is coming.
MACD Signals Turn Red as Momentum Dies
The technical picture isn't looking great either. The MACD indicator just flipped bearish, with the main line crossing below the signal line at -0.06622 versus 0.12367. Those red histogram bars are basically screaming that the buyers have lost steam.
This kind of setup usually means the selling pressure is just getting started. If XRP can't get back above $3 and actually stay there, we're probably looking at a trip down to the $2.80 support zone.
💥Key Numbers:
Current Price: $3.01336
Daily Low: $2.89376
Daily High: $3.05927
MACD: -0.06622
Signal Line: 0.12367
Recent Histogram Peak: 0.18989
The bottom line? XRP $XRP needs to prove it can hold $3 or things could get ugly fast. Traders are watching that $2.80 level like hawks right now.
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