Usman Salis
XRP finds itself at a crossroads that could reshape its near-term trajectory. The digital asset is hovering above the $2.76 support zone – a level that has become the epicenter of a tug-of-war between buyers and sellers fighting for control of XRP's destiny.
XRP Price Under Pressure
XRP is clinging to life above the critical $2.76 support after weeks of volatile trading between $2.80 and $3.20. This level has become the ultimate proving ground where market sentiment gets tested.
Crypto analyst @ali_charts has highlighted that XRP has bounced off this $2.76 support multiple times. His analysis suggests that holding this level could launch XRP back toward $3.20 resistance, with targets extending to $3.60.
However, if this support breaks, we're looking at accelerated selling pressure that could send XRP tumbling much deeper, potentially erasing recent gains.
Will $XRP Hold the Line at $2.76?
The key question is whether XRP can maintain its position above this make-or-break level. Bulls need to defend $2.76 to maintain market confidence. Success here could trigger a move toward $3.20 and potentially $3.60.
If buyers fail to step in, XRP risks falling to $2.60 or even $2.40, wiping out recent gains and damaging broader market sentiment.
XRP remains one of crypto's most watched assets, and its behavior around $2.76 serves as a litmus test for market conviction. Historical bounces from this support have triggered strong rallies, often fueled by short squeezes and renewed retail interest.
With rising volatility and climbing trading volumes, the next few sessions will determine whether XRP builds a foundation for growth or surrenders to bearish pressure.
Usman Salis
