đ$XRP HOLDING STRONG ABOVE $3 â New Support or Bull Trap?
XRP is now consolidating tightly above the key $3.00 level, turning what was once a major psychological resistance into potential new support. đđ
With volume still surging at $11.8B+, and market cap sitting at $176B, bulls are showing signs theyâre not letting go â at least not yet. đȘ
A clean hold above $3 could confirm strength for the next leg toward $3.10â$3.40.
đ§± Key Levels to Watch
Resistance:
$3.02 â 24h high
$3.10 â Next upside target
$3.40 â Rally extension zone
Support:
$3.00 â Psychological support (watch consolidation)
$2.965 â Intraday fallback
$2.90 â Breakdown risk level
đ Trade Setup:
â Bullish Entry: Holding above $3.00 with continued volume
đŻ Target 1: $3.10
đŻ Target 2: $3.40
â ïž Bearish Reversal: If price drops below $2.965 with selling pressure
This is the make-or-break zone.
If bulls defend $3.00, we could be looking at a strong continuation run.
If not, expect volatility. Stay smart. đ§ đ„
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