On XRP the picture’s pretty clear — we’re already breaking through that green support block, and honestly the odds of a drop toward $2.60 look high. That’s the level where I’m watching for a reaction — RSI is stacking up oversold pressure, plus we’ve got a local volume cluster lining up there.
From $2.60 I expect a bounce into the $2.82–2.85 zone. That’s where EMA and Fib levels meet, making it strong resistance. With the trend still down, I see that move more as a technical bounce, not a full reversal.
For traders the key right now is not to get dragged into crowd emotions. People will panic once support breaks, but if you wait for the $2.60 zone and watch closely for reaction, that’s exactly where a solid entry might show up.
From $2.60 I expect a bounce into the $2.82–2.85 zone. That’s where EMA and Fib levels meet, making it strong resistance. With the trend still down, I see that move more as a technical bounce, not a full reversal.
For traders the key right now is not to get dragged into crowd emotions. People will panic once support breaks, but if you wait for the $2.60 zone and watch closely for reaction, that’s exactly where a solid entry might show up.
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🔹 Telegram channel: t.me/+iI40l8PGPos2NGUy
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.