Overview (03.11.2026) #xrp
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In short, here’s the situation with $XRP : the coin is trading at 1.251. On the daily chart, we’re stuck inside a large descending wedge — back in September, the price was rejected from the upper boundary at around 1.6500, while the lower line is holding us at around 1.0000 (the same level where the August low held).
What we’re watching next:
If we hold the wick at 1.2000, the price could bounce back toward 1.3500–1.4500. And if it breaks through the upper boundary at around 1.5500, that will definitively confirm an upside breakout from the wedge.
If we lose the 1.2000 level, the way will be clear lower, toward the wedge’s lower boundary in the 1.0700–1.0000 zone.
➖➖➖➖➖➖➖➖➖
In short, here’s the situation with $XRP : the coin is trading at 1.251. On the daily chart, we’re stuck inside a large descending wedge — back in September, the price was rejected from the upper boundary at around 1.6500, while the lower line is holding us at around 1.0000 (the same level where the August low held).
What we’re watching next:
If we hold the wick at 1.2000, the price could bounce back toward 1.3500–1.4500. And if it breaks through the upper boundary at around 1.5500, that will definitively confirm an upside breakout from the wedge.
If we lose the 1.2000 level, the way will be clear lower, toward the wedge’s lower boundary in the 1.0700–1.0000 zone.