$XRP USDT SEEING BEARISH PRESSURE – WILL SUPPORT ZONE HOLD?
XRP ($XRPUSDT) has dropped -4.57% in the past 24 hours, currently trading at $2.9069. After failing to sustain above $3.05, the price has dipped towards the $2.82 low, where the next major support is located.
Key Technical Levels:
Resistance: $2.9500 → $3.0000 → $3.0500
Support: $2.8500 → $2.8221
Market Outlook:
On the 1H chart, XRP is under bearish pressure, unable to break the $3.00 resistance level.
Support at $2.85 is crucial; a break below could open the door for a deeper pullback toward $2.82.
A rebound from support could lead to a move back toward $3.00 or even higher toward $3.05.
With 234.22M XRP traded in the last 24 hours and a volume of $685.43M USDT, the market is showing healthy liquidity. Traders should watch for a clear break or bounce at key levels to confirm the next move.
What do you think—bearish continuation or bullish reversal? Let’s discuss!