Ripple Price Analysis: Can XRP Recover After the Hack-Driven Sell-Off?
- Ripple's XRP is struggling to maintain its position around $1.25 after failing to break above a descending channel, with key support at the 0.618 Fibonacci level.
- A decisive close below $1.20 could lead to further declines toward the $1.10-$1.14 demand zone, potentially erasing gains made since August.
- The short-term trend remains bearish, with sellers favored unless XRP can reclaim the $1.40 supply zone and break out of the descending channel.
Nguồn: CryptoPotato
🌍 Cập nhật bởi GemCrypto
$XRP
#XRP #Crypto
- Ripple's XRP is struggling to maintain its position around $1.25 after failing to break above a descending channel, with key support at the 0.618 Fibonacci level.
- A decisive close below $1.20 could lead to further declines toward the $1.10-$1.14 demand zone, potentially erasing gains made since August.
- The short-term trend remains bearish, with sellers favored unless XRP can reclaim the $1.40 supply zone and break out of the descending channel.
Nguồn: CryptoPotato
🌍 Cập nhật bởi GemCrypto
$XRP
#XRP #Crypto
