🚨 $XRP /USDT ALERT: Downtrend or Reversal? Critical Levels Ahead! 🚨
$XRP is trading at $2.17, marking a sharp -4.85% drop from the 24-hour high of $2.28. Sellers are dominating as XRP struggles to hold key support, signaling possible continuation or reversal.
Key Levels to Watch
Resistance 1: $2.25
Resistance 2: $2.28
Resistance 3: $2.40
Support: $2.12 – Critical zone to defend against further declines.
Trade Setup
Entry Zone: Near $2.17 for speculative long positions if support holds.
Targets:
1. $2.25
2. $2.28
3. $2.40
Stop-Loss: Below $2.12 for long trades.
Market Insight
Momentum remains bearish, but reclaiming $2.25 could trigger a short-term rally. Failing to hold $2.12 might open the door for further downside toward $2.09 or lower.
Trade cautiously and monitor market sentiment for confirmation of direction.
#BinanceAlphaAlert #GrayscaleHorizenTrust