$XRP
/ USDT — Attempting a Recovery After Sharp Drop
Price: $2.0350
24h Move: +0.42%
Intraday Range: High $2.0738 — Low $2.0204
Reason:
XRP sold off sharply from the $2.07 peak and slid straight into the $2.02 demand pocket, where buyers finally stepped in. Volume picked up near the low, printing a clean wick that signals seller exhaustion. Short-term MAs (7 & 25) are still curling down, but price is stabilizing above $2.03 — hinting at an early recovery attempt.
Key Levels:
Support: $2.024 • $2.020
Resistance: $2.043 • $2.054
Trend:
Short-term bearish-to-neutral, with bulls trying to reclaim momentum.
Trade Idea:
If XRP holds above $2.03, it can push toward $2.043 → $2.054.
If price falls back below $2.024, expect another dip toward $2.020.
Structured pullback, stabilizing base — bulls need a clean reclaim for continuation.