The crypto market does not forgive indecision, and XRP is proving it. After several weeks of strength, the token broke the psychological support of $3, settling around $2.90 – $2.85, with a 5% pullback in the last hours.
But... what is behind this drop and what should the community watch for?
Key factors behind the XRP drop
1. Massive profit-taking
The recent rally left 94% of holders in profit, which incentivized sales and bearish pressure.
Bitcoin and Ethereum also pulled back, reflecting a general market correction.
2. Bearish technical signals
The price is below the 100-hour SMA.
The MACD indicates weakness and the RSI fell below 50 → less buying strength.
3. Broken structure
XRP lost a key upward trend line.
This pattern has already repeated in previous corrections that led to deeper drops.
Levels to watch
Immediate support: $2.85 – $2.80
Critical zone: $2.72 – $2.50
Greater risk: break to $2.25 if selling volume accelerates.
On the other hand, if the bulls manage to reclaim $3.00 strongly, the bearish narrative could weaken.
Strategies for traders
Short term: follow the price action at $2.85; clear loss opens bearish path.
Long term: staggered accumulation (DCA) at supports may be an option for believers in the Ripple ecosystem.
Risk management: adjusted stop-loss below $2.80 to avoid unnecessary liquidations.
Conclusion
The XRP pullback reflects a market in a profit-taking phase and testing key supports. For some traders, this is a sign of caution; for others, a strategic accumulation opportunity.
The next battle will be to defend $2.80 or reclaim $3.00.
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