XRP lost $1.00 today — and then it did something I did not expect.
$XRP is at $0.9477, down 3.9% in the last 24 hours, on $262.6M volume. It touched $0.9983 today, then slid all the way to $0.8930 — and bounced. Twice it tested $0.8930, twice it held, and now it is about 6% off that low.
Yesterday XRP was the major still holding its round number. Today it lost it, like $70 for SOL, $1,800 for ETH and $600 for BNB — but it is the first one trying to fight back.
The levels I am watching:
Support: $0.8930
Resistance: $0.98
Trigger: an hourly close under $0.8930 would tell me the slide is continuing
Invalidation: an hourly close back above $0.98 and the $1.00 loss starts to look like a fake-out
No XRP-specific news today — this is the market selling everything, and XRP finally joining it. The bounce is the only green shoot so far.
Does the bounce off $0.8930 change how you see XRP, or is $1.00 still the number that matters?
#XRP #Crypto #Binance
Not financial advice.
$XRP is at $0.9477, down 3.9% in the last 24 hours, on $262.6M volume. It touched $0.9983 today, then slid all the way to $0.8930 — and bounced. Twice it tested $0.8930, twice it held, and now it is about 6% off that low.
Yesterday XRP was the major still holding its round number. Today it lost it, like $70 for SOL, $1,800 for ETH and $600 for BNB — but it is the first one trying to fight back.
The levels I am watching:
Support: $0.8930
Resistance: $0.98
Trigger: an hourly close under $0.8930 would tell me the slide is continuing
Invalidation: an hourly close back above $0.98 and the $1.00 loss starts to look like a fake-out
No XRP-specific news today — this is the market selling everything, and XRP finally joining it. The bounce is the only green shoot so far.
Does the bounce off $0.8930 change how you see XRP, or is $1.00 still the number that matters?
#XRP #Crypto #Binance
Not financial advice.