XRP Faces Key Resistance Near $2.80: Analyst Signals Potential Reversal

Ripple’s XRP is nearing a crucial resistance level around $2.80 as traders anticipate potential reversal in the market. An analyst has cautioned that XRP might struggle to sustain its recent rally and could face rejection before breaking through this key barrier. This comes as technical charts reveal a significant resistance zone aligning with a Fibonacci retracement level, potentially signaling a short-lived pullback.