#XRP Pullback Reaches Critical Stage as $1.26 and $1.10 Supports Come Into View#CryptoNewss
$XRP
$WLFI
$FF
#Market_Update XRP’s pullback puts $1.26 and $1.10 support in focus, while $0.98 remains the key level for preserving the broader recovery structure.
#cryptouniverseofficial XRP’s latest decline has broken the short-term structure that had kept open the possibility of another run toward $1.65.
Attention has now shifted lower, where $1.26 and $1.10 form the main support areas that could determine whether the broader recovery remains intact.
XRP currently trades around $1.40, according to CoinMarketCap. The asset had fallen as low as $1.3175 during the latest four-hour selloff before recovering some of those losses.
That rebound has taken XRP away from the immediate low, but it has not repaired the structure damaged during the drop.
XRP Loses the Structure Below $1.53-$1.65
XRP has spent several weeks consolidating beneath a major resistance band stretching from approximately $1.53 to $1.65.
The structure initially left room for another attempt at this zone. Instead, price broke beneath the smaller triangle that had formed under resistance and accelerated lower.
The chart’s Fibonacci levels now place $1.5315 as the first significant resistance on any recovery. Above that, the stronger ceiling sits between roughly $1.6363 and $1.6432.
XRP therefore needs more than a bounce from $1.32 to improve the short-term picture. Buyers would first have to recover $1.53 before the $1.64-$1.65 region becomes relevant again.
$1.26-$1.24 Is the First Major Support
The first important downside zone sits between approximately $1.2604 and $1.2377.
This area combines the 0.618 and 0.65 retracement levels and could provide the next base if selling resumes. From the current $1.40 price, a decline to $1.26 would amount to roughly 10%.
Holding this zone would preserve a higher low above the major August bottom. That would leave room for the recent...
$XRP
$WLFI
$FF
#Market_Update XRP’s pullback puts $1.26 and $1.10 support in focus, while $0.98 remains the key level for preserving the broader recovery structure.
#cryptouniverseofficial XRP’s latest decline has broken the short-term structure that had kept open the possibility of another run toward $1.65.
Attention has now shifted lower, where $1.26 and $1.10 form the main support areas that could determine whether the broader recovery remains intact.
XRP currently trades around $1.40, according to CoinMarketCap. The asset had fallen as low as $1.3175 during the latest four-hour selloff before recovering some of those losses.
That rebound has taken XRP away from the immediate low, but it has not repaired the structure damaged during the drop.
XRP Loses the Structure Below $1.53-$1.65
XRP has spent several weeks consolidating beneath a major resistance band stretching from approximately $1.53 to $1.65.
The structure initially left room for another attempt at this zone. Instead, price broke beneath the smaller triangle that had formed under resistance and accelerated lower.
The chart’s Fibonacci levels now place $1.5315 as the first significant resistance on any recovery. Above that, the stronger ceiling sits between roughly $1.6363 and $1.6432.
XRP therefore needs more than a bounce from $1.32 to improve the short-term picture. Buyers would first have to recover $1.53 before the $1.64-$1.65 region becomes relevant again.
$1.26-$1.24 Is the First Major Support
The first important downside zone sits between approximately $1.2604 and $1.2377.
This area combines the 0.618 and 0.65 retracement levels and could provide the next base if selling resumes. From the current $1.40 price, a decline to $1.26 would amount to roughly 10%.
Holding this zone would preserve a higher low above the major August bottom. That would leave room for the recent...