💥 $XRP / USDT – Bears Push Back at \$3.10
XRP attempted to rally but hit strong resistance at \$3.0969, failing to hold above the \$3.10 psychological level. Sellers stepped in, pushing price back under \$3.00, currently trading around \$2.993.
Key Levels:
* Resistance: \$3.05 – \$3.10
* Support: \$2.94 – \$2.96
* Breakdown Zone: Below \$2.93 could trigger further losses
Trade Setup:
* Long: Only on a decisive breakout above \$3.12 with strong volume
* Short: If price fails to reclaim \$3.00 and closes below \$2.99
Targets & Stops:
* Upside: \$3.20 – \$3.28
* Downside: \$2.97 – \$2.95
* Stop Loss: \$3.05 for shorts, \$2.92 for longs
Bottom Line:
XRP remains unable to sustain above \$3.10, showing bears are still in control. If bulls don’t defend \$2.94, further downside pressure is likely.
XRPUSDT Perp 3.0114 +1.06%