XRPUSDT → Resistance at 2,700 could trigger a correction

XRPUSDT is forming a correction after a strong sell-off. It is not yet worth hoping for strong growth without pullbacks, as there is a strong resistance zone ahead.



The cryptocurrency market is recovering after liquidation. Bitcoin and XRP are approaching a strong resistance zone, where a correction may form.
Technically, after two months of consolidation, the price broke through the support of the trading range, forming a breakdown of the structure. As part of the correction, the price is testing the liquidity zone of 2.7 - 2.7266, which may trigger a sell-off.

Resistance levels: 2.7 - 2.7266, 2.8286
Support levels: 2.505

A sharp rise and the lack of technical potential to break through the resistance level of 2.70 may trigger a false breakout and a correction to the support level of 2.5050.

Best regards, R. Linda!