$XRP at Support – Will Bulls Reclaim $3 or Bears Extend the Drop?
$XRP is trading at $2.9485, consolidating after sharp selling from the $3.03 high. Price is holding just above support, and the next breakout or breakdown will set the near-term tone.
Key Levels to Watch
• Resistance: $3.00 – A breakout above this level could revive bullish momentum, opening targets at $3.05 and $3.10.
• Support: $2.94 – Losing this zone may invite more downside toward $2.90 and $2.85.
Trade Setup – Potential Scenarios
Bullish Entry:
Breakout above $3.00 could target:
• TP1: $3.05
• TP2: $3.10
Bearish Entry:
Breakdown below $2.94 could target:
• TP1: $2.90
• TP2: $2.85
Final Note
XRP is at a critical pivot zone. A reclaim above $3.00 would confirm bullish strength, while a breakdown below $2.94 risks accelerating the bearish move. Traders should stay alert for confirmation before taking positions.
