$XRP facing a critical moment on the weekly chart!
Price is trapped between $0.99 support and $1.50 resistance, but the latest technical development is raising serious concerns.
After reclaiming the 1W MA200 in August, $XRP has slipped below this important moving average once again. This puts the bullish structure under pressure.
The $1.32 level is now the battlefield. Bulls must reclaim this zone and secure a weekly close above it to regain momentum.
Failure to recover $1.32 could invite stronger selling pressure, potentially pushing $XRP toward the major $0.99 support.
A successful breakout above $1.32 could shift attention back toward the $1.50 resistance zone.
The next weekly close could be crucial for XRP's direction. Keep your eyes on these levels!
Price is trapped between $0.99 support and $1.50 resistance, but the latest technical development is raising serious concerns.
After reclaiming the 1W MA200 in August, $XRP has slipped below this important moving average once again. This puts the bullish structure under pressure.
The $1.32 level is now the battlefield. Bulls must reclaim this zone and secure a weekly close above it to regain momentum.
Failure to recover $1.32 could invite stronger selling pressure, potentially pushing $XRP toward the major $0.99 support.
A successful breakout above $1.32 could shift attention back toward the $1.50 resistance zone.
The next weekly close could be crucial for XRP's direction. Keep your eyes on these levels!
