XRP has defied the broader cryptocurrency market slump by registering a 3% price increase over the past 24 hours. The asset is currently trading near $2.7780 while testing a decisive support level at $2.7558—a threshold whose breach could trigger further declines toward $2.70 or lower.
The price action unfolds within a broad trading channel between $1.7711 and $3.40, indicating equilibrium between buyers and sellers. Sustained momentum above $2.78 may propel XRP toward a retest of the $3.00 resistance level.
Market observers are closely tracking the $2.7558 and $2.6461 support zones, which are expected to dictate XRP’s near-term trajectory as volatility persists across digital asset markets.