🚹 $XRP /USDT Technical Update — Key Reversal or Deeper Drop Ahead?

$XRP is facing strong selling pressure near the $2.55 zone, as buyers struggle to reclaim control after multiple rejections at this level.

📊 Current Structure (5M Chart):

Resistance: $2.562 — sellers defending aggressively.

Support Levels: $2.5485 and $2.5319 — crucial zones for bulls to hold.

📈 Bullish Scenario:

If XRP bounces above $2.55, a push toward $2.57+ could confirm a short-term recovery.

📉 Bearish Scenario:

Failure to defend $2.5485 may lead to a drop toward $2.5319 and possibly $2.50, confirming extended selling momentum.

🎯 Trade Setup Idea:

Buy above: $2.56 → Target: $2.57 – $2.59 → Stop-loss: $2.54

Sell below: $2.54 → Target: $2.53 – $2.50 → Stop-loss: $2.56

⚠ Note: Price action shows high volatility — wait for candle confirmation before entering any trade!

XRP
XRP
1.6066
-2.59%

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