$XRP YEARLY BREAKDOWN š | PART 1
Back again with another top-down price action series, and this time we're starting with XRP, which came second in the community poll.
Starting from the yearly timeframe, XRP had a strong move from the lower levels, especially through 2024 and 2025. But 2026 has been a different story so far.
The yearly candle pushed up to around $2.42 before getting rejected. Price is now sitting around $1.52, below the $1.84 yearly level. Until #XRP can reclaim and hold above that area, I'm keeping the bigger yearly structure bearish.
Below, $1.25 and $0.98 are the main levels I'm watching. If those fail, the next major area comes around $0.61-$0.50.
On the other hand, reclaiming $1.84 would put $2.08, $2.42 and $2.91 back on the radar.
So for the yearly picture:
Bias: Bearish
Key reclaim: $1.84
Support: $1.25 ā $0.98
Resistance: $1.84 ā $2.08 ā $2.42 ā $2.91
But this is just the big picture. The real question is whether the quarterly timeframe confirms wha we're seeing here or gives us a completely dif setup.
Big picture first. Entries later.
#xrp
Back again with another top-down price action series, and this time we're starting with XRP, which came second in the community poll.
Starting from the yearly timeframe, XRP had a strong move from the lower levels, especially through 2024 and 2025. But 2026 has been a different story so far.
The yearly candle pushed up to around $2.42 before getting rejected. Price is now sitting around $1.52, below the $1.84 yearly level. Until #XRP can reclaim and hold above that area, I'm keeping the bigger yearly structure bearish.
Below, $1.25 and $0.98 are the main levels I'm watching. If those fail, the next major area comes around $0.61-$0.50.
On the other hand, reclaiming $1.84 would put $2.08, $2.42 and $2.91 back on the radar.
So for the yearly picture:
Bias: Bearish
Key reclaim: $1.84
Support: $1.25 ā $0.98
Resistance: $1.84 ā $2.08 ā $2.42 ā $2.91
But this is just the big picture. The real question is whether the quarterly timeframe confirms wha we're seeing here or gives us a completely dif setup.
Big picture first. Entries later.
#xrp
