$XRP — XRPUSDT Perp — 1.37 (-0.50%)
XRP is cooling off after a massive August — up 28.5% last month, its best August since 2021 — but it's now consolidating right at a key decision zone.
Price is sitting in the $1.36–$1.38 band, a level that previously acted as resistance and now needs to hold as support. RSI has dropped to 60.6, which means momentum has cooled from overbought without flipping bearish yet.
Key levels I'm watching:
🔴 Resistance: $1.50–$1.60 — needs a reclaim before $1.70 becomes realistic
🟢 Support: $1.30–$1.35 — a daily close below breaks the higher-lows structure
🟡 Current zone: $1.37 = right at the pivot
Scenario breakdown:
If $1.35 holds → path toward $1.60, then $1.70–$2.00 stays alive
If $1.35 breaks → next real test is $1.27, then deeper toward $1.21
A large token unlock hit the market this week too, adding extra supply pressure to watch.
Not financial advice, just tracking the chart. Bull or bear case here? 👇
#Xrp🔥🔥
XRP is cooling off after a massive August — up 28.5% last month, its best August since 2021 — but it's now consolidating right at a key decision zone.
Price is sitting in the $1.36–$1.38 band, a level that previously acted as resistance and now needs to hold as support. RSI has dropped to 60.6, which means momentum has cooled from overbought without flipping bearish yet.
Key levels I'm watching:
🔴 Resistance: $1.50–$1.60 — needs a reclaim before $1.70 becomes realistic
🟢 Support: $1.30–$1.35 — a daily close below breaks the higher-lows structure
🟡 Current zone: $1.37 = right at the pivot
Scenario breakdown:
If $1.35 holds → path toward $1.60, then $1.70–$2.00 stays alive
If $1.35 breaks → next real test is $1.27, then deeper toward $1.21
A large token unlock hit the market this week too, adding extra supply pressure to watch.
Not financial advice, just tracking the chart. Bull or bear case here? 👇
#Xrp🔥🔥