$XRP continues to hold its narrative within the crypto market, but the price is still moving in an area that requires confirmation before talking about a broader reversal.
Key support:
The asset remains around the range of $1.00 to $1.05, a relevant psychological zone. If that level is lost with selling pressure, the price could revisit the $0.95 area.
Immediate resistance:
In the short term, XRP faces a technical band between $1.12 and $1.20. A breakout with volume could strengthen the structure and reduce mid-term bearish pressure.
Continuation scenario:
If the price manages to hold daily closes above relevant dynamic reference levels, the market could start to discount a larger-magnitude move. Until that happens, the context calls for patience and confirmation.
At this point, volume still shows indecision, so the market still doesn’t offer a clean structural signal.
DYOR. NFA.
#XRP #Ripple #Crypto #BinanceSquare
@Roxy68
Key support:
The asset remains around the range of $1.00 to $1.05, a relevant psychological zone. If that level is lost with selling pressure, the price could revisit the $0.95 area.
Immediate resistance:
In the short term, XRP faces a technical band between $1.12 and $1.20. A breakout with volume could strengthen the structure and reduce mid-term bearish pressure.
Continuation scenario:
If the price manages to hold daily closes above relevant dynamic reference levels, the market could start to discount a larger-magnitude move. Until that happens, the context calls for patience and confirmation.
At this point, volume still shows indecision, so the market still doesn’t offer a clean structural signal.
DYOR. NFA.
#XRP #Ripple #Crypto #BinanceSquare
@Roxy68