$XRP is stuck at a key level, and the next move could be big!
XRP is trading around $1.49 after a failed breakout above $1.55. Buyers are defending support, but sellers are still capping every bounce. 👀
📍 Support: $1.46 (below that, $1.40)
📍 Resistance: $1.54-$1.57
🎯 Target: $1.62-$1.65 on a confirmed breakout
🛑 Invalidation: close below $1.44
⚠️ Watch out: Ripple's monthly escrow release (up to 1B XRP) was scheduled for Oct 1, which can add selling pressure. On the bullish side, institutional news and ETF demand continue to support the long-term story.
Will $XRP break $1.57 or fall back to $1.40? Comment below 👇
@Ismeidy @CryptoJobs3 @Zetoshi X @Wolf_king88 @Ihtisham_Ul Haq
XRP is trading around $1.49 after a failed breakout above $1.55. Buyers are defending support, but sellers are still capping every bounce. 👀
📍 Support: $1.46 (below that, $1.40)
📍 Resistance: $1.54-$1.57
🎯 Target: $1.62-$1.65 on a confirmed breakout
🛑 Invalidation: close below $1.44
⚠️ Watch out: Ripple's monthly escrow release (up to 1B XRP) was scheduled for Oct 1, which can add selling pressure. On the bullish side, institutional news and ETF demand continue to support the long-term story.
Will $XRP break $1.57 or fall back to $1.40? Comment below 👇
@Ismeidy @CryptoJobs3 @Zetoshi X @Wolf_king88 @Ihtisham_Ul Haq
