The post XRP Rejected at Resistance,Will $2.80 Hold? appeared on BitcoinEthereumNews.com. Key Insights: XRP tests key $2.80 support after rejection at $3.10, traders await next decisive move. Bull pennant pattern forms on 4H chart, with potential breakout target near $2.90. Price action remains tight, with the market watching volume and structure for short-term breakout signs. XRP Rejected at Resistance,Will $2.80 Hold? XRP has pulled back after failing to break above a key resistance level. The token is currently priced around $2.83, showing a mild dip over the last 24 hours. Weekly losses now stand at over 5%, with price action cooling off after a recent push higher. XRP’s market cap is sitting at approximately $169.4 billion, based on a circulating supply of 60 billion tokens. Price Rallied, Then Stalled Below $3.10 The recent chart shows XRP broke out of a double bottom pattern earlier this month. That move carried the price close to $3.10, but the momentum faded as sellers stepped in near resistance. The rejection led to a pullback, sending the price back down to the $2.80–$2.82 zone. This range previously served as a breakout area and could now act as support. Price is hovering just above it, with traders watching to see if it holds. The pattern suggests a potential pause as the market looks for its next move. Support Level Now in Play The $2.80–$2.82 range is once again in focus. Market watchers say this zone is critical.  According to Bitguru,  “If buyers defend the $2.80–$2.82 zone, we might see a rebound toward $2.90.”  That view reflects current market tension between short-term buyers and profit-takers. Source: Bitguru/X A strong bounce here could point to renewed buying interest, while a drop below the range may send XRP back toward the $2.70s. This level also aligns with earlier areas of price stability, which adds to its technical relevance. Bull Pennant… The post XRP Rejected at Resistance,Will $2.80 Hold? appeared on BitcoinEthereumNews.com. Key Insights: XRP tests key $2.80 support after rejection at $3.10, traders await next decisive move. Bull pennant pattern forms on 4H chart, with potential breakout target near $2.90. Price action remains tight, with the market watching volume and structure for short-term breakout signs. XRP Rejected at Resistance,Will $2.80 Hold? XRP has pulled back after failing to break above a key resistance level. The token is currently priced around $2.83, showing a mild dip over the last 24 hours. Weekly losses now stand at over 5%, with price action cooling off after a recent push higher. XRP’s market cap is sitting at approximately $169.4 billion, based on a circulating supply of 60 billion tokens. Price Rallied, Then Stalled Below $3.10 The recent chart shows XRP broke out of a double bottom pattern earlier this month. That move carried the price close to $3.10, but the momentum faded as sellers stepped in near resistance. The rejection led to a pullback, sending the price back down to the $2.80–$2.82 zone. This range previously served as a breakout area and could now act as support. Price is hovering just above it, with traders watching to see if it holds. The pattern suggests a potential pause as the market looks for its next move. Support Level Now in Play The $2.80–$2.82 range is once again in focus. Market watchers say this zone is critical.  According to Bitguru,  “If buyers defend the $2.80–$2.82 zone, we might see a rebound toward $2.90.”  That view reflects current market tension between short-term buyers and profit-takers. Source: Bitguru/X A strong bounce here could point to renewed buying interest, while a drop below the range may send XRP back toward the $2.70s. This level also aligns with earlier areas of price stability, which adds to its technical relevance. Bull Pennant…