XRP price plunges below key $2.80 support, showing no signs of recovery as bearish pressure builds.
After weeks of sideways movement, XRP finally broke. The token crashed through its $2.89–$2.98 support zone, triggering a sharp selloff to $2.74. Currently trading around $2.76–$2.78, XRP shows little sign of recovery after getting rejected at $3.30–$3.32.
One trader captured the mood perfectly: "XRP is struggling right now. The price keeps dropping with no real signs of recovery."
XRP Price Breaks Key Support Level
The technical damage is clear. XRP lost its previously defended accumulation zone and dumped hard with barely any bounce attempts. When support breaks this decisively, it often becomes resistance, making recovery much tougher.
The steep selloff from $3.30 has left buyers on the sidelines. With no bullish divergence showing up and weak volume, the bears are firmly in control.
XRP Eyes Lower Targets as Selling Continues
If XRP can't reclaim $2.89 soon, the next support sits around $2.65–$2.66. That level hasn't been tested in weeks, so nobody knows how it'll hold.
The 45-minute chart shows dominant red candles with little buyer interest. If panic selling kicks in, XRP could easily slide to $2.42 or even $2.30.
For any recovery, bulls need to flip $2.89–$2.90 back into support. Right now though, XRP is hanging by a thread and more downside looks likely unless serious buyers show up.
XRP Price Crashes Below $2.80 as Bears Gain Momentum
XRP price plunges below key $2.80 support, showing no signs of recovery as bearish pressure builds.
After weeks of sideways movement, XRP finally broke. The token crashed through its $2.89–$2.98 support zone, triggering a sharp selloff to $2.74. Currently trading around $2.76–$2.78, XRP shows little sign of recovery after getting rejected at $3.30–$3.32.
One trader captured the mood perfectly: "XRP is struggling right now. The price keeps dropping with no real signs of recovery."
XRP Price Breaks Key Support Level
The technical damage is clear. XRP lost its previously defended accumulation zone and dumped hard with barely any bounce attempts. When support breaks this decisively, it often becomes resistance, making recovery much tougher.
The steep selloff from $3.30 has left buyers on the sidelines. With no bullish divergence showing up and weak volume, the bears are firmly in control.
XRP Eyes Lower Targets as Selling Continues
If XRP can't reclaim $2.89 soon, the next support sits around $2.65–$2.66. That level hasn't been tested in weeks, so nobody knows how it'll hold.
The 45-minute chart shows dominant red candles with little buyer interest. If panic selling kicks in, XRP could easily slide to $2.42 or even $2.30.
For any recovery, bulls need to flip $2.89–$2.90 back into support. Right now though, XRP is hanging by a thread and more downside looks likely unless serious buyers show up.