XRP Price Update: Key Support and Resistance Levels to Watch
XRP is currently in a downtrend. The price has dropped from $2.20 to $2.10 and is now trading below the EMA50, which shows that sellers are still in control.
The $2.10 level is acting as strong resistance, and XRP is struggling to stay above it.
The RSI (Relative Strength Index) is at 51.
This means the market is not too overbought or oversold, but there is some selling pressure.
Traders should watch the $2.10 level closely.
If XRP breaks below $2.10, the next support is at $2.08. If that also fails, XRP could move down to $2.00. But if $2.10 holds strong, the price may bounce back toward $2.18.
Another important thing to watch is Bitcoin.
BTC is showing signs of forming a Death Cross, which is a bearish signal. If Bitcoin drops to the $90K or $88K range, it could also put pressure on XRP, causing it to fall to $2.00.
In summary:
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Support: $2.10, $2.08, and $2.00
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Resistance: $2.10 and $2.18
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Watch BTC closely — a drop in Bitcoin could pull XRP down with it.
Stay alert and trade safe!
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