$XRP /USDT - Sharp Drop Testing Support! šØ
š Current Price: $2.3144 (-5.11%)
24H High: $2.4683
24H Low: $2.2874
Volume: 256.48M $XRP / 616.31M USDT
š„ Layer 1 Token Under Pressure
Key Levels to Watch:
Resistance: $2.3500, $2.4000
Support Zones: $2.2870, $2.2500
Market Behavior Insights:
$XRP has experienced a sharp selloff, falling from its 24H high of $2.4683 to test critical support at $2.2874. The selling pressure reflects bearish sentiment, but the support zone could provide a potential rebound.
Trading Strategy:
Entry Range: $2.2900 - $2.3200
Targets: $2.3500, $2.4000
Stop-Loss: $2.2700
Analysis:
XRP is currently testing its strong support at $2.2870. If this level holds, a recovery towards $2.3500 is possible. Monitor volume closely for signs of accumulation or continued downside pressure.
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