$XRP /Usdt

XRP is trading near 1.76 and is down around 6 percent today. The market is weak overall, which is adding selling pressure.

Market Scenario

Price failed to hold above the 1.88 to 1.89 area and moved lower with the broader market. Sellers are in control for now.

Key Levels to watch

Support zone: 1.70 to 1.71

Resistance zone: 1.85 to 1.89

Trade Setup short

Buy area: 1.70 to 1.72 if price holds and shows signs of support

Targets:

First target: 1.85

Second target: 1.95

Stop loss

Below 1.66

Notes:

Market conditions are still unstable, so patience is important. Wait for price to settle before entering and keep risk small.