🚨 XRP FACES CRUCIAL RESISTANCE BULLS STRUGGLE TO HOLD MOMENTUM 🚨
XRP is losing steam after failing to stay above $3.25, with price now consolidating and eyeing a possible move toward $3.080.
Key Resistance: $3.250 remains a tough barrier.
Price is trading below $3.250 and the 100-hour SMA.
The hourly XRP/USD chart shows a breakdown below a major contracting triangle with $3.20 support.
Holding above $3.080 could spark another bullish push.
Support & Resistance Outlook
After building a base above $2.920, XRP surged past $3.20 and $3.25, even testing $3.380 before sellers stepped in. The correction dragged price back below $3.250 and 23.6% Fib retracement of the $2.90 → $3.380 rally.
The $3.220 zone is now the first key resistance. A breakout above could target $3.2650, followed by $3.320–$3.350. Stronger bullish runs might face resistance near $3.450.
Bearish Risk
Failure to reclaim $3.220 could trigger more downside. First support is $3.120, followed by $3.080 (61.8% Fib retracement). A decisive break below $3.080 could open the door to $3.020 or even $3.00.
Technical Signals
MACD: Bearish momentum building
RSI: Below 50, favoring sellers
Key Levels to Watch
Support: $3.120, $3.080, $3.00
Resistance: $3.220, $3.2650, $3.350
