Bullish target: If XRP gets back above $1.43–$1.44, the first meaningful target is $1.48. A strong breakout there could push toward $1.50–$1.53.
Neutral/base case: I would expect $1.38–$1.45, with $1.40 acting as the key battleground. Today's intraday low is around $1.396, so that level is already being tested.
Bearish case: A decisive loss of $1.40 would make $1.35–$1.38 the next area to watch. If $1.35 fails, downside could accelerate toward the $1.30–$1.32 area.
🎯 My probability-weighted view
Bullish: ~25% → $1.48–$1.50
Neutral: ~45% → $1.39–$1.45
Bearish: ~30% → $1.32–$1.38
The broader crypto market is also under pressure today, with XRP down alongside Bitcoin and Ethereum, so I'd want to see $1.44 reclaimed before becoming strongly bullish.
Most important level right now: $1.40. Holding it keeps a rebound toward $1.48 alive; losing it materially increases the odds of $1.35–$1.38.
#Barron
#Investing
Neutral/base case: I would expect $1.38–$1.45, with $1.40 acting as the key battleground. Today's intraday low is around $1.396, so that level is already being tested.
Bearish case: A decisive loss of $1.40 would make $1.35–$1.38 the next area to watch. If $1.35 fails, downside could accelerate toward the $1.30–$1.32 area.
🎯 My probability-weighted view
Bullish: ~25% → $1.48–$1.50
Neutral: ~45% → $1.39–$1.45
Bearish: ~30% → $1.32–$1.38
The broader crypto market is also under pressure today, with XRP down alongside Bitcoin and Ethereum, so I'd want to see $1.44 reclaimed before becoming strongly bullish.
Most important level right now: $1.40. Holding it keeps a rebound toward $1.48 alive; losing it materially increases the odds of $1.35–$1.38.
#Barron
#Investing