$XRP Hits Critical Support After Sharp Drop — Rebound or Freefall?
$XRP is currently trading at 2.7781, with a sharp -6.19% decline. The price has been in a strong downtrend and recently touched near 2.7500, a key support zone. If buyers defend this level, a bounce toward 2.8850 is possible. However, failure to hold above 2.7500 may accelerate the sell-off toward 2.7000 and below.
Trade Setup (High-Risk Rebound):
• Entry: 2.7600 – 2.7800
• Stop Loss: Below 2.7400
• Target 1: 2.8850
• Target 2: 2.9640