$XRP – Bears Push Back at $3.10
XRP made another attempt to break higher, but the $3.10 mark proved too strong. The price peaked at $3.0969 before sellers stepped in, pushing it back below $3.00. Right now, it’s hovering around $2.993, showing that the bears are still calling the shots.
Key Levels to Watch:
Resistance: $3.05 – $3.10
Support: $2.94 – $2.96
Breakdown Zone: Below $2.93 could trigger more losses
Trade Setup:
Long Entry: Wait for a decisive breakout above $3.12 with solid volume
Short Entry: If XRP fails to reclaim $3.00 and closes below $2.99
Upside Target: $3.20 – $3.28
Downside Target: $2.97 – $2.95
Stop Loss: Keep SL near $3.05 if short, or $2.92 if long
Bottom Line:
The bulls are struggling to sustain momentum above $3.10, while bears remain aggressive. If $2.94 doesn’t hold, we could see XRP test lower support levels soon. Traders should watch these zones closely for the next big move.