Sellers Testing XRP Near $1 - Key Reclaim Target on Watch
XRP is hovering at $1.0634, attempting a minor recovery after dipping to a 24-hour low of $1.0471. We are consolidating right above the crucial psychological support zone, but momentum remains fragile. The price sits just above the 20-hour moving average at $1.0602, yet it remains capped under the 50-hour moving average at $1.0725. With the RSI neutral at 51.2, buyers lack the strength to force a clean breakout against heavy overhead resistance. If the $1.04 floor fails, we risk a sharper correction. Meanwhile, QNT is lagging at $177.81 with a softer RSI of 42.6.
What is your personal invalidation level on this setup: holding or cutting if support breaks?
$XRP $QNT #Bitcoin #CryptoMarket #TradingView
XRP is hovering at $1.0634, attempting a minor recovery after dipping to a 24-hour low of $1.0471. We are consolidating right above the crucial psychological support zone, but momentum remains fragile. The price sits just above the 20-hour moving average at $1.0602, yet it remains capped under the 50-hour moving average at $1.0725. With the RSI neutral at 51.2, buyers lack the strength to force a clean breakout against heavy overhead resistance. If the $1.04 floor fails, we risk a sharper correction. Meanwhile, QNT is lagging at $177.81 with a softer RSI of 42.6.
What is your personal invalidation level on this setup: holding or cutting if support breaks?
$XRP $QNT #Bitcoin #CryptoMarket #TradingView
