š$XRP /USDT ā Critical Support Under Pressure!
XRP is currently trading around 2.8117 USDT, showing a -5.25% drop in the last 24 hours. After rejecting from 3.0206, the price slipped to test the 2.7418 support zone ā a key demand area historically. Volumes are rising, suggesting volatility ahead.
š Market Insights:
24h Range: 2.7418 ā 3.0206
Volume Spike: 185.98M XRP, 535.10M USDT
Current Trend: Bearish pressure but holding above major support
š Short-Term Trade Plan (Bounce Play):
Setup Type: LONG (Only if 2.74 holds)
Entry Zone: 2.74 ā 2.82
Stop Loss: Below 2.71
Target 1: 2.96
Target 2: 3.02
Target 3: 3.16
ā ļø If Support Breaks:
Watch for 2.71 breakdown ā this could open the door toward 2.55 next.
Summary:
XRP is at a make-or-break level. A bounce here offers short-term upside potential, but a breakdown will likely extend the sell-off. Trade cautiously and follow volume confirmations.