XRP Approaches $2.90 Resistance as Traders Caution About Potential Drop to $2.70

Critical Resistance and Support Levels: Analysts have identified $2.90 as a key resistance level for XRP, where it may face rejection and potentially drop to the major support level of $2.70, which is crucial for maintaining upward momentum.

Market Sentiment and Trader Reactions: The trading community is divided on XRP's short-term outlook, with some fearing a drop if $2.90 is rejected, while others believe a breakout above this level could lead to further gains, highlighting the risk-reward dilemma for traders.