$XRP /USDT SLIPS BELOW $2.30 — SHORT-TERM CORRECTION IN MOTION!
$XRP is currently trading at $2.2911, down 2.30% on the day after rejecting resistance near $2.3548. The 1H chart shows consistent lower highs forming, with price now testing the $2.2660 support zone. This short-term weakness could lead to a deeper pullback if buyers don’t step in soon.
Trade Setup (Short):
Entry: $2.29 – $2.31
Take Profit (TP): $2.25 / $2.18
Stop Loss (SL): $2.36
Market Outlook:
While XRP has shown strong long-term gains (up 330% in the past year), the short-term trend has shifted bearish. If $2.26 fails to hold, expect a sharper correction toward lower support levels.
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