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XRP Tests Key $2.73 Support as On‑Chain Gap Raises Drop Risk

Thin trading conditions heighten the importance of the next close.

Overview

  • XRP trades around $2.78 after falling below the $3 mark and losing the 0.5 Fibonacci level near $2.79.
  • Ali Martinez points to a URPD-defined void between $2.73 and $2.51, warning that a break of $2.73 could hasten a slide toward $2.51.
  • CasiTrades highlights $2.715 as a potential final low before a bullish impulse, with a daily close back above ~$2.79 viewed as a constructive signal.
  • CoinIdol’s read notes that a breach of the 21‑day SMA could open downside toward the 2.0 Fibonacci extension near $1.85, while a recovery would require reclaiming higher resistances.
  • Market tone remains fragile with daily volume down about 59% and a Fear & Greed reading near 33, alongside 13 red days over the past month.