$XRP Breaks Below $1.45 as Short-Term Structure Weakens
XRP is trading around $1.44, down 5.57%, after failing to hold the $1.45 support zone that had contained price during the previous consolidation.
The 4H structure has shifted from neutral to weaker: XRP exploded from roughly $1.00 to $1.70, but since the peak it has formed a sequence of lower highs and is now testing the 38.2% Fibonacci retracement near $1.43.
Key levels: $1.43 is the immediate line to defend. If that level fails on confirmed 4H closes, the next downside areas are $1.35 and then $1.27–$1.29. On the upside, reclaiming $1.45–$1.50 would be the first sign that the breakdown was false.
The broader catalyst story may still be intact, but the short-term chart is clearly deteriorating. With $BTC also under pressure after its recent rejection, $XRP remains vulnerable to a deeper leverage flush if market sentiment weakens further.
Bottom line: the setup is no longer a coin-flip. Bears currently have the edge unless XRP quickly reclaims $1.45.
XRP is trading around $1.44, down 5.57%, after failing to hold the $1.45 support zone that had contained price during the previous consolidation.
The 4H structure has shifted from neutral to weaker: XRP exploded from roughly $1.00 to $1.70, but since the peak it has formed a sequence of lower highs and is now testing the 38.2% Fibonacci retracement near $1.43.
Key levels: $1.43 is the immediate line to defend. If that level fails on confirmed 4H closes, the next downside areas are $1.35 and then $1.27–$1.29. On the upside, reclaiming $1.45–$1.50 would be the first sign that the breakdown was false.
The broader catalyst story may still be intact, but the short-term chart is clearly deteriorating. With $BTC also under pressure after its recent rejection, $XRP remains vulnerable to a deeper leverage flush if market sentiment weakens further.
Bottom line: the setup is no longer a coin-flip. Bears currently have the edge unless XRP quickly reclaims $1.45.
