$XRP /USDT: Testing Critical Support Amid Bearish Momentum
LINA
2.2346
-4.12%
$XRP is trading at $2.8681, down 5.94% over the past 24 hours. The price is testing the $2.8281 support level, with RSI at 21.52, indicating oversold conditions. This setup could signal a short-term rebound or further declines.
Key Levels to Watch:
Resistance: $2.9340 – A breakout could target $3.0000 and $3.0578.
Support: $2.8281 – A breakdown may extend losses to $2.7500 and $2.7000.
Trade Setup:
Long Entry: Above $2.9340, targeting $3.0000 and $3.0578.
Short Entry: Below $2.8281, targeting $2.7500 and $2.7000.
Market Insights:
MACD shows bearish momentum, with selling pressure outweighing buying interest. Volatility remains high, so tight stop-loss management is essential.
