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XRP price is trading below $3 and testing $2.90 support; failure to reclaim $3.30 may trigger a slide toward $2.60 or $2 as market pressure builds. Monitor $3.30 resistance and $2.90 support for trend confirmation.
XRP tests $2.90 support after breaking below $3 — immediate risk to $2.60.
Key resistance: $3.30 — reclaiming it would signal renewed bullish momentum.
XRP price update: XRP price slips under $3, testing $2.90 support — watch $3.30 or risk a drop to $2.60. Read real-time analysis.
XRP slips under $3, testing $2.90 support. Failure to reclaim $3.30 could trigger a slide to $2.60 or $2 as market pressure builds.
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XRP just cracked below the $3 mark, shaking market confidence. With bears eyeing $2.60 and even $2, bulls must reclaim $3.30 quickly or risk handing momentum back to sellers in coming sessions.
What is XRP price doing now?
XRP price is trading around $2.95, down roughly 5.5% on the day, and remains trapped between $2.90 support and $3.30 resistance. Short-term momentum is bearish until bulls retake $3.30 with convincing volume.
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How significant is the $2.90 support level?
$2.90 has acted as a short-term floor since mid-August. A decisive break below $2.90 would likely accelerate selling toward $2.60, with $2.00 the next major accumulation zone observed earlier this year. Volume spikes on breakdowns would confirm increased downside risk.
Source: Ali Charts Via X
Why is broader market weakness affecting XRP?
Market-cap contraction and falling risk appetite reduce liquidity and buyer participation across large-cap altcoins. Technical indicators for XRP show cooling momentum and sideways movement, meaning macro sell pressure can push price toward lower support bands.
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How can traders manage risk around these levels?
Set stops below $2.90 for short-term longs to limit downside.
Watch volume on any move above $3.30 — sustained volume signals higher conviction.
Use scaled entries near $2.60 and $2.00 as defined accumulation zones for long-term positions.
Frequently Asked Questions
What are the immediate price targets for XRP?
Immediate downside target is $2.60 if $2.90 breaks, with $2.00 as the next major support. Upside requires reclaiming $3.30 to target prior highs near $3.50.
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How should long-term holders respond to the dip?
Long-term holders can consider dollar-cost averaging into $2.55–$2.00 accumulation zones while maintaining position sizing discipline and confirming buy-ins with reduced volatility or stronger market breadth.
Critical levels: $3.30 resistance; $2.90, $2.60, $2.00 support zones to watch.
Action: Track volume and momentum; use stops and scale entries for risk management.
Conclusion
In summary, XRP price action shows vulnerability below $3 with $2.90 as a pivot. Traders should watch $3.30 for a bullish signal and $2.60–$2.00 as defined support areas. COINOTAG will continue to track these levels and provide updates as the market evolves.
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