XRP Approaches $2.90 Resistance as Traders Caution About Potential Drop to $2.70
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Sep 06 2025
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.
About the author
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Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
