šŸšØ $XRP /USDT Dips: Testing Key Support Levels! šŸšØ

$XRP is trading at $2.2265, reflecting a significant -10.33% decline in the past 24 hours. After peaking at $2.9092, XRP has faced strong selling pressure, pulling it closer to its daily low of $2.1736.

Key Levels to Monitor:

Support: $2.2000 ā€“ A critical zone for a potential rebound.

Resistance: $2.4000 and $2.5000 ā€“ Key areas for a recovery move.

Stop-Loss: Below $2.1500 to limit risk.

Potential Scenarios:

Bullish Case: If $2.4000 is reclaimed, XRP could target $2.5000 and further to $2.6000.

Bearish Case: A breakdown below $2.2000 may lead to a deeper correction towards $2.0000 or lower.

Traders are advised to exercise caution and await clear confirmation of the next directional move before entering positions.

#XRP #BinanceAlphaAlert #USJoblessClaimsFall #GrayscaleSUITrust #GrayscaleSUITrust