XRP Faces Potential for Significant Decline If Resistance Isn’t Broken

The XRP market is currently facing a critical juncture, with traders closely watching the $2.81 support level as selling pressure intensifies. This has led to significant price fluctuations near resistance at the $3.30 level. A decisive break above this resistance could indicate a potential surge for the token, while failure may lead to further losses towards the $2.60 or even lower levels. 1.7 million XRP tokens are strategically concentrated within the support zone of $2.81, highlighting its importance as a defensive line. The market remains poised on a knife’s edge. A decisive breakout from either side could have far-reaching implications in the coming sessions.