XRP Slips Below $3, Testing Meme Yield Strategies While the Market Cools

[Dhangotay]

XRP just slipped below the $3 mark, breaking through its Bollinger Bands midline, not the best sign for short-term holders. Technicals are pointing toward a potential drop to around $2.39, which would be a 20% slide if it plays out. Volatility seems to be cooling, but both the daily and weekly charts suggest the bearish momentum might not be done yet. While XRP still holds above its long-term support, near-term direction feels shaky.

That’s partly why I’ve shifted focus a bit. Earlier today, I tested out the Meme Wealth Carnival on BingX, subscribed to one of the $PEPE products offering 100% APR and some USDT booster vouchers. Not aping in heavy, but I was curious to see how platforms are combining structured APR with meme token momentum. Feels like a softer entry point for traders looking to stay active while the majors like XRP take a breather. I got to know of this via @BingXOfficial

Still observing both sides, market signals and platform incentives. If anyone else here is trying the Carnival or tracking similar setups, would be good to exchange notes

Would like to know if others are treading lightly like me, or going in deeper despite the signals. Always interesting to see how different strategies play out in moments like this