- XRP struggles near resistance, risking steep decline toward $2.60.
- Traders watch $2.81 support as selling pressure intensifies quickly.
- Market focus shifts to $3.30 level, deciding XRP’s direction.
The XRP market has entered a tense phase as traders react to fresh signals that could define its short-term direction. Investor attention has shifted toward a critical price level that may determine whether the token stabilizes or faces another sharp correction.
According to Ali, a market analyst, XRP must reclaim the $3.30 level to prevent deeper losses. The token has struggled to break above this resistance, leaving bulls in a difficult position. Unless momentum comes back soon, XRP may fall back to the $2.60 mark or even lower to the $2.00 mark.
Meanwhile, Ali emphasized the significance of the $2.81 support zone. Statistics indicate that 1.70 million XRP tokens were amassed within this zone, which is a great defensive line. This means a very high buying action, and the pressure on this level may increase further should XRP remain stagnant at the resistance level.
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Pressure Builds Between Support and Resistance
XRP’s immediate outlook now depends on how it performs within the narrow range of $2.81 to $3.30. The upper limit has been hard to break, and the lower level attracts heavy investor attention. A break at each of the levels would initiate a critical action in the upcoming sessions.
Besides the technical setup, overall sentiment across the crypto market could also influence XRP’s path. Traders are still wary and are weighing between potential recovery and possible downsides. The emphasis areas continue to be the most important in the direction of the short-term expectations.
XRP is in a crucial situation that will test its resistance at its $3.30 level and hold support at its $2.81 level. Without a quick recovery above resistance, the token risks sliding to $2.60, leaving the market on alert for its next decisive move.
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