$XRP is pressing against the ceiling!
XRP is trading around $1.50-$1.52, up about 1-2% in 24 hours, with volume above $1.3B. But price is still stuck below the $1.58-$1.62 resistance zone, and it's down about 2.5% on the week. 👀
📍 Support: $1.45, then $1.40
📍 Resistance: $1.54-$1.55, then $1.58-$1.62
🎯 Target: $1.67-$1.70 on a confirmed breakout
🛑 Invalidation: close below $1.40
💡 One analyst says an hourly close above $1.54 could trigger a move of about 10%. The bigger structure is bullish, with ETF demand and whale accumulation holding price up, but sellers keep defending $1.70.
⚠️ Ripple's latest 1B XRP escrow release is also a factor to watch. Don't chase, and wait for a close above resistance with volume.
Will $XRP break $1.62, or fade back to $1.40 first? Comment below 👇
#Xrp🔥🔥 #CryptocurrencyWealth
XRP is trading around $1.50-$1.52, up about 1-2% in 24 hours, with volume above $1.3B. But price is still stuck below the $1.58-$1.62 resistance zone, and it's down about 2.5% on the week. 👀
📍 Support: $1.45, then $1.40
📍 Resistance: $1.54-$1.55, then $1.58-$1.62
🎯 Target: $1.67-$1.70 on a confirmed breakout
🛑 Invalidation: close below $1.40
💡 One analyst says an hourly close above $1.54 could trigger a move of about 10%. The bigger structure is bullish, with ETF demand and whale accumulation holding price up, but sellers keep defending $1.70.
⚠️ Ripple's latest 1B XRP escrow release is also a factor to watch. Don't chase, and wait for a close above resistance with volume.
Will $XRP break $1.62, or fade back to $1.40 first? Comment below 👇
#Xrp🔥🔥 #CryptocurrencyWealth