XRP Hits Wall at $3.00 – Support Test Coming

XRP tried to punch through the $3.00 ceiling again and failed spectacularly. The rejection wasn’t just at any random level – it happened right where the 200 EMA sits, creating a perfect storm for sellers. Now the question is whether $2.89 can hold the line.

What Just Happened

Analyst DustyBC Crypto caught the action as XRP pushed into that $3.00-$3.05 danger zone but couldn’t stick the landing. The price bumped into the 200 EMA at the same time, giving sellers all the ammunition they needed. There was even a quick liquidity grab above recent highs before everything turned south – classic sign that buyers just ran out of steam.

• Immediate Resistance: $3.00–$3.05 zone, still locked down with the 200 EMA
• Nearest Support: $2.89 where bulls need to show up fast
• Bullish Confirmation: Daily close above $3.12 flips the script back to buyers

Where This Goes Next

XRP’s bigger picture still looks solid with Ripple pushing cross-border payment adoption, but short-term traders are laser-focused on that $2.89 level. A bounce there could get the bulls excited again. Break below it though, and things get ugly fast.

The $3.00 rejection proves how tough resistance becomes when technical levels stack up. Until someone can close above $3.12 on the daily, bears are running this show.