⚠️ $XRP Slides -6.99% — Is This a Healthy Correction or Something Bigger?

📊 Snapshot:

Price: $2.9509

24h Change: ▼ -6.99%

Momentum: Sharp bearish pressure, strong sell-off

Volume: Rising on the downside — selling pressure increasing

RSI: Dropping fast, nearing oversold levels

🔍 Market Context

XRP’s notable drop reflects market-wide risk aversion and profit-taking. The key support zone is under the microscope — will it hold or break?

🛡️ Key Price Levels

Support Zone: $2.90 – $2.95 (critical for buyers to defend)

Entry Zone: $2.90 – $2.97 (wait for signs of stabilization)

Stop Loss: Below $2.85 (to protect capital)

Resistance: $3.05 → $3.15 (levels to watch if rebound happens)

🎯 Trade Plan

Look for bullish reversal candles and volume drying up on the dip

Enter cautiously within entry zone if support holds

Keep stops tight to limit downside risk

⚙️ Strategy Type:

Correction and Reversal Watch

📊 Confidence Level: Medium — volatile moment, best for patient traders.

💬 Comment “XRP🛡️” if you’re eyeing a rebound or “XRP✋” if you’re waiting for clearer signals.