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XRP faced strong seller pressure but saw a sharp rebound, rejecting bearish control. Analysts suggest bulls could dominate if key resistance levels break. As some call for a $71K bottom for Bitcoin, XRP could breach the $2 mark. The price action of XRP has caught market attention after a significant sell-off was met with strong buyer support at a historically relevant level. Analyst Javon Marks highlighted that sellers faced rejection at a key level last seen in 2017-2018. Despite the initial decline, buyers stepped in aggressively, pushing the price back above $2.3. This indicates bulls could be preparing to take control in spite of recent market fluctuations. XRP Price Faces Resistance at $2.50, Drops to $2.06 However, after attempting to break the $2.50 resistance, XRP faced renewed selling pressure. The price fell below $2.35 and $2.25, reaching a low of $2.06 before recovering. XRP now trades at $2.23, a 2.4% drop in the past day. To give some perspective, the $2.06 low XRP touched on Tuesday was not its lowest point this month. On February 3, XRP dipped to $1.7 during the massive bearish pressure at the time. Even so, in the most recent dow… The post XRP Bulls Show Strong Presence as Bears Face Rejection at Historic Support Level appeared first on Coin Edition.

XRP faces strong resistance at $2.30, with support at $2.12 signaling market uncertainty. RSI near oversold at 35.68 suggests a possible rebound if buying pressure strengthens. March 2025 forecast predicts a 5.64% rise, with XRP reaching an average of $2.36. XRP’s price has moved erratically, showing a downward trend of late. The cryptocurrency currently trades at $2.22, down 3.17% over the past 24 hours. XRP Price Volatility and Selling Pressure Initially, XRP saw an upward push, reaching a high of $2.30, but it failed to sustain the momentum. The price then fell back and moved between $2.12 and $2.25, indicating stronger selling pressure. With a 38.52% drop in trading volume, market activity has gone down significantly, suggesting weaker buying interest. If XRP stays above key support levels, a short-term recovery may happen. However, further drops could cause more losses in the coming days. XRP Price Action: Bearish Outlook XRP’s recent price action points to a bearish outlook, as the token struggles to regain lost ground. The price initially climbed to $2.30 but met strong resistance, resulting in a sharp decline. It then stabilized wi… The post XRP Price Prediction Feb 28: Testing $2.12 — Will Key Support Level Break? appeared first on Coin Edition.

🚨 $XRP /USDT Short Trade Setup 🚨 💰 Current Price: $2.0003 🔻 Entry: $2.0000 📉 Key Levels: Resistance: $2.0149 / $2.0587 Support: $1.9000 / $1.8500 🎯 Targets: TP1: $1.9000 TP2: $1.8500 TP3: $1.8006 🛑 Stop Loss: $2.0587 📊 Market Insight: $XRP is continuing its downtrend, with significant sell pressure. A break below $2.000 could trigger further declines towards the next support zones. 🔥 Pro Tip: Monitor volume and price action near $2.000—if sellers dominate, it could accelerate the drop. Trade with caution and manage your risk! 📢 Stay updated & trade smart!

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