XRP continues to struggle as bearish sentiment remains dominant in the market. Just like Bitcoin and Ethereum, it failed to hold above the crucial $3.20 level and started moving lower. The price is now trading below $3.10, showing no solid signs of recovery yet — clearly indicating that sellers are still driving the momentum 👇
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🧠 Current Market Situation
XRP dropped below the $3.150 and $3.10 support levels
The price is now trading under $3.050
It is also positioned below the 100-hour SMA, which confirms ongoing bearish pressure
On the hourly chart, a downward trend line has formed with resistance around $3.070
⛔ Unless the price breaks above $3.070, XRP could continue to slide lower
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🚀 Bullish Scenario (When Can XRP Turn Positive?)
A clean breakout above $3.070 would be the first sign of bullish momentum.
If that happens, the next targets are:
$3.120 (initial resistance)
$3.150
$3.20 (major barrier — this is where bears will fight back aggressively)
In short, a meaningful recovery will only start after XRP closes above the $3.120–$3.20 zone.
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🔻 Bearish Scenario (If the Breakout Fails)
If XRP fails to break the $3.070 resistance and gets rejected, then:
First major support = $2.942
Critical support = $2.920
A clear break below $2.920 may open the door for a sharp drop towards $2.85
If bearish pressure remains strong, the price could even slide to $2.80 😟
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📊 Technical Indicators
Indicator Status
MACD Still moving in bearish territory
RSI Below 50 (weak momentum)
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✅ Summary
XRP is currently stuck in a bearish zone, and buyers are still on the sidelines.
Unless $3.070 is broken to the upside, any bullish scenario remains highly risky. Short-term outlook is negative, while the long-term recovery depends on a confirmed breakout above $3.120–$3.20.
💡 Pro Tip: Stay patient and only enter after a confirmed breakout. Remember — fake breakouts are one of the most common traps in this type of market 🚨
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