XRP Collapse Zone – Is More Pain on the Way?

The price of XRP has sharply declined, and it is now testing a key support level between 2.74 – 2.77 on the four-hour chart. Strong bearish candles indicate that sellers still dominate the market, and any break below this area could lead to further declines, possibly towards 2.60 or even lower if the negative momentum continues.

However, if XRP can hold at this level and start to recover, we may see a bounce back towards 2.90 – 3.00. But to achieve this, buyers need to intervene quickly and push the price above 2.85 to change the short-term momentum.

Currently, XRP stands at a critical point: either it breaks support and continues the downtrend, or it tries to bounce back from an oversold condition. Therefore, traders should exercise caution and watch for strong confirmations before making any decisions.