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📉 $XRP Dips — Healthy Pullback or Start of a Deeper Drop? 🤔
After testing $3.12, XRP couldn’t hold momentum — slipping under $3.00 and breaking a rising channel. The price touched lows around $2.824 and is now consolidating.
Key levels to watch:
🔹 Resistance: $2.90 → $2.98 (50% Fib), then $3.05 & $3.12
🔹 Support: $2.82 → $2.78 → $2.72 (major)
🔹 SMA: trading below 100-hourly, pressure remains on the downside
If bulls reclaim $2.98, we could see another push toward $3.12–3.20. But failure to break $2.98 may trigger fresh selling, with eyes on $2.72–2.65 as critical demand zones.
🧐 With Bitcoin & Ethereum also showing weakness, XRP is following broader market cues. The big question: is this just a cool-off before the next leg up, or are we setting up for a deeper retrace?
Smart money is watching these supports closely 👀
#PI #BTC #ETH #GateioInto11 #GT