$XRP
Selling pressure has increased in the last 24 hours, causing a drop of about 9% from around $3.02 to a low of $2.75, before recovering slightly to $2.82.
The price is currently stabilizing in the range of $2.75–$2.84, which is considered a critical support/resistance range, with buying attempts halting without clear resistance at $2.84–$2.84.
Summary and Recommendation
XRP is now in a wait-and-see phase: trading around key support levels with resistance just above.
It should be monitored:
Whether the price will close below $2.75, which may indicate weak technical support.
Finding clear buying momentum above $3.20 to confirm the start of a new upward wave.
For short-term traders: $2.60–$2.75 can be considered a suitable accumulation area in case of a limited recovery, provided that exposure is managed and a stop-loss is set.
For medium-term investors: monitoring is essential for regulatory developments around XRP (such as ETF approval or formal transaction allowance by institutions), as they may be key to a strong price shift.