📉 XRP Price Update

XRP has slipped below several key support levels in the past 24 hours:

Broke below the symmetrical triangle support

Lost the $2.95 level

Dropped under the 50-day SMA

🔎 What’s next?

If bulls fail to reclaim the 50-day SMA, XRP could test support at $2.78.

Further downside could see the next cushion around $2.60.

📊 Indicators:

RSI is now below neutral ➝ bearish momentum dominates.

Stochastic Oscillator has entered the oversold region ➝ bears in control, but chances of a short-term bounce are increasing.

⚡ Key Levels to Watch:

Support: $2.78 / $2.60

Resistance: $2.95 / 50-day SMA