๐จ $XRP Reversal on the Radar! ๐
XRP slid below $2.350 and is now testing the $2.30 zone. Bears are pushing hard, and a drop under $2.120 could be next โก. The price remains under $2.250 and below the 100-hour SMA ๐.
๐ Hourly Outlook: A bearish trend line is forming around $2.250, but if XRP holds above $2.150, a bounce might happen ๐.
Current Action:
After breaking $2.30, XRP dropped to $2.066, testing support.
The decline from $2.552 โ $2.066 aligns with the 23.6% Fib retracement ๐.
Resistance lies at $2.250, with next hurdles at $2.365 and $2.420. Bulls face a tough test near $2.50 ๐ก๏ธ.
Downside Risk:
Failure to clear $2.30 could see XRP testing $2.180 first, then $2.150.
A breakdown below $2.150 may push it to $2.050 or even $1.850 ๐ฅ.
Key Levels:
Support: $2.180, $2.150
Resistance: $2.250, $2.30
๐ Stay alert and watch the trend!
