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.
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XRP tests $2.90 support after breaking below $3 — immediate risk to $2.60.
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Key resistance: $3.30 — reclaiming it would signal renewed bullish momentum.
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On‑chain and market-cap weakness increases downside risk; volume confirms recent selling.
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.
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.
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.
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.
How can traders manage risk around these levels?
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Set stops below $2.90 for short-term longs to limit downside.
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Watch volume on any move above $3.30 — sustained volume signals higher conviction.
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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.
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.
Key Takeaways
- Current trend: XRP below $3, testing $2.90 — short-term bias leans bearish.
- 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.
