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