#Ripple
🚀 $XRP before the decisive test: will the rally continue?
After a rapid rise of 70% in less than 72 hours, Ripple ($XRP ) faced stiff resistance at $1.70 and retreated to $1.50. Now the market is deciding whether this is a normal reset before a new surge or a signal of the end of the local trend.
🔑 Technical analysis highlights:
Key resistance ($1.65 - $1.70): The $1.70 zone remains the most difficult barrier. A breakout and consolidation above this level will remove the strongest resistance of recent months and open the way for further growth.
Pullback depth: The current correction is natural after a rapid rally. The main task for buyers is to hold key support levels to preserve the bullish structure of the market.
📊 Next targets: In case of a successful break of $1.70, the nearest targets will be $1.80 and the psychological mark of $2.00.
A break of this zone will confirm that the recent test of the $1.00 mark was a full-fledged bottom, and not a temporary stop.
🚀 $XRP before the decisive test: will the rally continue?
After a rapid rise of 70% in less than 72 hours, Ripple ($XRP ) faced stiff resistance at $1.70 and retreated to $1.50. Now the market is deciding whether this is a normal reset before a new surge or a signal of the end of the local trend.
🔑 Technical analysis highlights:
Key resistance ($1.65 - $1.70): The $1.70 zone remains the most difficult barrier. A breakout and consolidation above this level will remove the strongest resistance of recent months and open the way for further growth.
Pullback depth: The current correction is natural after a rapid rally. The main task for buyers is to hold key support levels to preserve the bullish structure of the market.
📊 Next targets: In case of a successful break of $1.70, the nearest targets will be $1.80 and the psychological mark of $2.00.
A break of this zone will confirm that the recent test of the $1.00 mark was a full-fledged bottom, and not a temporary stop.
