$XRP Under watch... can buyers push the price back up? 🔥
XRP is currently trading near $1.4020. After attempting to rise toward $1.4200, the price began to pull back, indicating that sellers are still putting pressure on the market.
📊 Entry and sell zones:
🟢 First entry: 1.3980–1.4020, provided a clear rebound appears.
🟢 Entry after confirmation: Break above 1.4085 and hold above it.
🎯 First target: 1.4140
🎯 Second target: 1.4200
🎯 Third target: 1.4260
🔴 Risk level: A break below 1.3974 and a close beneath it could open the door to further declines, so don’t rush to buy before a clear signal appears.
📰 Positive side: Interest in institutional uses of the XRP Ledger network is growing. One important development is Standard Chartered’s collaboration with Ripple on custody of the RLUSD stablecoin, with plans to integrate it into LMAX Group’s collateral arrangements. This step supports the network’s expanding use, but it does not guarantee that XRP’s price will rise.
My view: The current zone needs close monitoring. Reclaiming 1.4085 would be an initial sign of improving momentum, while continued selling pressure makes waiting preferable to entering blindly.
Do you expect XRP to return to $1.42 soon, or is the market preparing for another drop? 👇
#Xrp🔥🔥 #Ripple💰 #BinanceSquare #BitcoinOptionsVolatilityHitsFiveYearLow Crypto #تحليل_فني📊
XRP is currently trading near $1.4020. After attempting to rise toward $1.4200, the price began to pull back, indicating that sellers are still putting pressure on the market.
📊 Entry and sell zones:
🟢 First entry: 1.3980–1.4020, provided a clear rebound appears.
🟢 Entry after confirmation: Break above 1.4085 and hold above it.
🎯 First target: 1.4140
🎯 Second target: 1.4200
🎯 Third target: 1.4260
🔴 Risk level: A break below 1.3974 and a close beneath it could open the door to further declines, so don’t rush to buy before a clear signal appears.
📰 Positive side: Interest in institutional uses of the XRP Ledger network is growing. One important development is Standard Chartered’s collaboration with Ripple on custody of the RLUSD stablecoin, with plans to integrate it into LMAX Group’s collateral arrangements. This step supports the network’s expanding use, but it does not guarantee that XRP’s price will rise.
My view: The current zone needs close monitoring. Reclaiming 1.4085 would be an initial sign of improving momentum, while continued selling pressure makes waiting preferable to entering blindly.
Do you expect XRP to return to $1.42 soon, or is the market preparing for another drop? 👇
#Xrp🔥🔥 #Ripple💰 #BinanceSquare #BitcoinOptionsVolatilityHitsFiveYearLow Crypto #تحليل_فني📊