🚨 $XRP /USDT ALERT: Major Support Tested – Will Bulls Regain Control? 🎯
$XRP is experiencing intense volatility, dropping -5.25% to the current price of $2.3893. The market is reacting to a strong sell-off from the recent high of $2.9092, and traders are closely watching the next critical moves.
Key Levels to Watch:
📉 Support Zones: 1️⃣ $2.3200 – Immediate support; a breach here may lead to further downside pressure.
2️⃣ $2.2500 – A must-hold level to avoid a deeper correction.
3️⃣ $2.2170 – Final support before testing multi-week lows.
📈 Resistance Levels: 1️⃣ $2.4500 – Key resistance for bulls to retake control.
2️⃣ $2.6889 – Strong barrier before a potential rally.
3️⃣ $2.9000 – A breakout above here could reignite bullish momentum.
💡 Trade Setup:
Bullish Scenario: A rebound above $2.4500 could signal a recovery, targeting $2.6889 and $2.9000.
Bearish Scenario: A breakdown below $2.3200 could expose $XRP to lower targets at $2.2500 and $2.2170.
⚠️ Risk Management Tip:
Tight stop-loss below $2.2170 is advised to mitigate risk in this volatile environment.
Stay sharp and monitor these levels closely as XRP navigates a critical decision zone!
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