⚠️ $XRP Rejected at $2.27 – Is $2.70 Still in Sight or Is $1.70 Next?

XRP hit a wall at $2.27, which is also the top of the Bollinger Band—a key technical resistance level. This rejection has left traders watching closely. Is this just a pause, or the start of a deeper drop?

Here’s what the chart is saying 👇

🔍 Two Possible Scenarios Based on Bollinger Bands:

1. Bullish Bounce:
If XRP holds above the middle band (currently near $2.00), it could bounce back toward $2.27. A clean breakout there would likely open the door to the next major target: $2.70 — a strong psychological level.

2. Bearish Breakdown:
But if the price breaks below the lower band at $1.86, things could turn sour. In that case, XRP might slide further down toward $1.70 — a key support zone to watch.

📊 What Analysts Say:

Veteran trader DonAlt, who famously predicted the $0.50 to $3.40 XRP rally, remains cautiously optimistic. He believes that as long as XRP respects the mid-Bollinger Band, bulls are still in the game.

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