XRP current price 1.50; Ripple has just unlocked 1 billion tokens. Supply pressure is here, and now it’s time to test the key resistance. With this kind of unlocked market, the idea is simple: can the price absorb this batch of sell pressure and move above the resistance level?
Resistance above at 1.54. Current price is 1.50—only about 2.7% away. Only if trading with higher volume holds above 1.54 can it be considered a real breakout, and the upside space can open up. If 1.54 rejects and the price falls back below 1.50, the short term will likely be weak. Right now the price is stuck just below resistance, and bulls and bears are fighting it out here—watch whether it breaks out or breaks down.
#XRP
Resistance above at 1.54. Current price is 1.50—only about 2.7% away. Only if trading with higher volume holds above 1.54 can it be considered a real breakout, and the upside space can open up. If 1.54 rejects and the price falls back below 1.50, the short term will likely be weak. Right now the price is stuck just below resistance, and bulls and bears are fighting it out here—watch whether it breaks out or breaks down.
#XRP