Summary: XRP has failed to hold above $3 and the price action is turning bearish. Key support levels are identified at $2.6, $2, and $1.6, while key resistance levels are at $3 and $3.3. The loss of the $3 level and a drop to $2.7 has turned it into a key resistance. XRP fell by 11% today, indicating a return of sellers and a market-wide correction. Early signs of a correction were seen on the volume profile, as well as the MACD and RSI momentum indicators, suggesting a possible local top at $3.4 and the potential for further correction.



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