$XRP JUST TUMBLED WILL $2.1206 HOLD OR BREAK DOWN FURTHER?
$XRP /USDT sharply dropped from a peak of $2.6506 to a low of $2.1206, losing nearly -20% in a steep correction. After a strong bull run, momentum has flipped, and the market is now trending downward with clear lower highs.
Fresh Trade Setup – Risky Rebound Play
• Entry Zone: $2.1200 – $2.2400
• Target 1 (TP1): $2.3648
• Target 2 (TP2): $2.5000
• Stop-Loss (SL): Below $2.0700
$XRP Volume remains steady, but price action shows weakness. If $2.1206 holds as support and we see bullish candles forming, a short-term recovery could follow.
Pro Tip: Don’t enter blindly wait for a reversal pattern or bullish engulfing near support. If bears lose grip, a bounce toward $2.36 could be fast.