๐จ $XRP /USDT โ Squeezing Below $3.00! Ready to Pop or Drop? โ ๏ธ
$XRP is showing signs of pressure, down -1.66% to $2.9346, with a tight range forming between key support and resistance. Will buyers push it back above $3.00, or is more downside coming?
๐ Market Overview
๐ Current Price: $2.9346
๐ 24h High: $3.0590
โ๏ธ 24h Low: $2.8959
๐ Parabolic SAR: $2.8700 (Just above critical support zone!)
๐ MACD Trend:
EMA(7): $2.9666
EMA(25): $3.0631
EMA(99): $3.2562
MACD: Bearish crossover โ weak momentum
RSI (6): Slightly oversold, potential bounce zone
๐ XRP Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If XRP Holds Above $2.90):
Entry: Above $2.96
Targets: $3.06, $3.15, $3.25+
Stop-Loss: $2.89
๐น Bearish Scenario (If XRP Breaks Below $2.89):
Entry: Below $2.89
Targets: $2.87, $2.80, $2.70
Stop-Loss: $2.96
๐ Should You Hold or Sell?
โ $2.90 support is holding so farโbounce is possible if bulls reclaim $2.96
โ RSI suggests sellers may be losing steam
โ Below $2.89, the path toward $2.70 opens quickly
๐ก Pro Tip:
๐ A reclaim of $3.06 (EMA 25) with volume could shift short-term trend bullish
โ ๏ธ Watch for fakeoutsโavoid chasing unless XRP holds above $3.00 on strong momentum
๐ข Whatโs your XRP strategyโscalp, swing, or wait? Share it below!
๐ฅ LIKE & SHARE for more XRP trading insights! ๐