$XRP /USDT – Facing Resistance After Sharp Drop
XRP is currently trading at $1.9932, down -6.37%, after a heavy fall from the $2.15 zone. The price found temporary support at $1.9758, but upside movement is facing resistance near the $2.0069 level.
Market Analysis:
Bearish pressure remains strong with lower highs and sustained red candles.
Volume surged near the bottom, suggesting possible short-covering but not a full reversal yet.
Price is consolidating below resistance, struggling to reclaim momentum.
Trading Advice:
Watch for a clean breakout above $2.0069 to confirm bullish interest.
If rejected again, expect retest of $1.9758 and possibly lower.
Use tight stop-losses and avoid over-leverage in this volatile zone.
Trade Here On $XRP
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