$XRP is trading at $1.31, down 4.6% over 24 hours. The supplied analysis reports repeated defense of $1.30 on lower timeframes, while open interest declined 8% and funding returned to baseline levels. These conditions may support a range bounce, but they do not confirm a sustained breakout. Legal and regulatory developments remain a key risk, making confirmation around support and resistance more important than anticipating a directional move.
đ Bias: Neutral | đŻ Entry: $1.29â$1.32 | đĄ Support: $1.25 | đ§ Resistance: $1.38 | đŻ Targets: $1.36 / $1.41 / $1.47 | â Invalidation: Sustained daily close below $1.22
Strategy: Watch for a confirmed bounce from the entry zone, and reassess near resistance. Avoid chasing price without follow-through.
#XRP #Ripple #RangeTrading #CryptoMarkets #BinanceSquare
đ Bias: Neutral | đŻ Entry: $1.29â$1.32 | đĄ Support: $1.25 | đ§ Resistance: $1.38 | đŻ Targets: $1.36 / $1.41 / $1.47 | â Invalidation: Sustained daily close below $1.22
Strategy: Watch for a confirmed bounce from the entry zone, and reassess near resistance. Avoid chasing price without follow-through.
#XRP #Ripple #RangeTrading #CryptoMarkets #BinanceSquare