$XRP is in focus because exchange balances grew by 50M XRP and Ripple’s Swell conference starts tomorrow in New York. Price is still soft, around $1.28, and it printed a $1.253 low recently. I’m neutral here.
The chart is weak, but XRP is sitting on a support zone that buyers defended since September.
I’m watching $1.25 as support and $1.35 as resistance. If $1.25 holds, a relief bounce toward $1.30-$1.35 looks realistic over the next few days while Swell runs Oct 27-29. If $1.25 breaks, the setup is wrong and the chart opens $1.20-$1.22. Where do you think Swell takes XRP? 😅
#XRP #Crypto #BinanceSquare
The chart is weak, but XRP is sitting on a support zone that buyers defended since September.
I’m watching $1.25 as support and $1.35 as resistance. If $1.25 holds, a relief bounce toward $1.30-$1.35 looks realistic over the next few days while Swell runs Oct 27-29. If $1.25 breaks, the setup is wrong and the chart opens $1.20-$1.22. Where do you think Swell takes XRP? 😅
#XRP #Crypto #BinanceSquare
