📊 XRP Market Update – Waiting Game
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🔹 Current Price Action: After weeks of choppy moves, XRP is trading at $2.82, up over 1% in the last 24 hours. The token is caught in a narrow range, hovering between key support and resistance levels.
💡 Key Levels to Watch:
* Strong Support: $2.75
* Resistance: $2.85 - $2.90
* Bullish Target: A confirmed breakout above $2.90 could push price towards $3.80.
* Bearish Breakdown: A confirmed close below $2.75 could lead to a fall towards the next major support zone of $2.55 - $2.62.
⚠️ Technical Pattern:
A descending triangle pattern is in play, with resistance pressing lower while support holds at $2.75. This bearish setup would be confirmed with a break below support.
🗣️ Market Mood:
XRP's movement is currently tied to Bitcoin, which is also trading sideways. Until BTC makes a strong move, XRP may remain trapped in its current range.