๐Ÿ”ฅ XRP Price Action: Resistance at $3.09 Blocks Bulls โ€“ Is $2.96 the Next Stop?

The crypto market is buzzing as $XRP faces another crucial test. After briefly breaking above $3.00 and touching $3.10, the token was rejected at the $3.09 resistance level. Now, all eyes are on the $2.96 demand zone, where buyers must step in to prevent a deeper correction.

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๐Ÿ“Š Key Market Highlights

Strong Resistance at $3.09 โ†’ Sellers defended this zone aggressively.

Critical Support at $2.99โ€“$3.00 โ†’ Losing this level may trigger further downside.

Bearish Target at $2.96 โ†’ A key demand zone where bulls must protect the trend.

High Trading Volume โ†’ Signals big players may be offloading positions.

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โšก What Does This Mean for Traders?

๐Ÿ“ˆ Short-Term Traders: Expect heavy volatility between $2.96โ€“$3.09. Perfect for scalping opportunities, but risk is high.

๐Ÿ“‰ Swing Traders: A breakdown below $2.96 could confirm bearish momentum.

๐Ÿ’Ž Long-Term Holders: The bigger trend remains intact above $2.90, meaning strong fundamentals may still support XRP.

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๐Ÿง  Smart Insight

This rejection doesnโ€™t mean the XRP rally is over โ€” it only highlights a make-or-break moment. If bulls defend $2.96, XRP could quickly bounce back and re-test $3.09. However, if bears dominate, we may see a deeper correction before the next big rally.

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โœ… Bottom Line:

This is slightly negative news in the short run, but it also creates a strategic entry zone for sharp investors. XRP is at a crossroads โ€” whether it rebounds or breaks down will shape the next big move.