XRP Don Break $3.40 Support, Analysts Dey Recommend Say Make You Buy for $2.40–$2.60
XRP price drop over 4% inside 24 hours after e break $3.40 support level. This drop spark beta mindset and profit-taking among holders, cause trading volume to rise by 31.23% reach $8.44 billion. Analyst Michaël van de Poppe talk say if XRP price no hold ground pass $3.40, e fit slide to $2.50. Him advise say dem make dem wait buy chance for $2.40–$2.60 range. Key support and resistance levels go decide XRP short-term trend. Traders suppose dey watch $3.40 support well and ready for possible entry points around $2.60 or below. Even with price drop, strong trading volume show active market involvement, give better chance to buy smartly.
Bearish
XRP break dat $3.40 support mean say hin short-term movement no too good. As e be before, wen XRP break support dem, e dey usually make the price fall plenty as people fit stop-loss dem or try take profit. The 31% increase in how much people dey trade show say plenty people dey sell, so the bearish feeling heavier. Some analyst dey talk say if e reach $2.40 to $2.60, e fit be like short floor, but unless people start buy, the price fit still dey go down. For long term, if price go recover well, e go depend on if people go start demand again and how wide the market feeling go be. Traders suppose dey careful, make sure say dem control their risk well, and dey watch how volume dey behave near the buy zone to know if e go turn price back.