Overview

• XRP trades near $2.80 after a roughly 5% daily drop, having briefly touched $2.678 before a modest bounce.
• Price is testing high‑time‑frame support around $2.70, with crypto.news noting confluence from the value area high and Bollinger Bands and an open interest reset to about $8.96 billion that could support a recovery toward $3.55 if participation returns.
• Blockonomi reports a descending triangle on the daily chart, with XRP below the 50‑ and 100‑day moving averages and weakening RSI and MACD signaling near‑term pressure.
• Analysts warn that a decisive break below roughly $2.75–$2.80 could extend the slide, with Blockonomi flagging a technical target near $2.07 and CoinIdol pointing to a 2.0 Fibonacci extension around $1.85.
• Immediate resistance sits near $2.90–$2.92 and then $3.00–$3.12, while support levels to watch include $2.70, $2.65, and the 200‑day simple moving average around $2.52.