Ripple Price Analysis: XRP Must Reclaim This Key Level to Restart the Rally#CryptoNewss
$XRP
$XNY
$JST
#MarketMoves XRP is rebounding toward $1.32 after holding $1.26 support for a second time in October, but it remains below the $1.34 Fibonacci resistance and a descending channel boundary. A breakout could improve the short-term structure, while another rejection would leave sellers in control after the failed move above $1.40 on October 21.#Market_Update
XRP is rebounding toward $1.32 after defending the $1.26 support for the second time in October. The asset now pushes toward a short-term descending channel’s upper boundary and the 0.5 Fibonacci retracement. A breakout from this area could shift the short-term structure, while another rejection would keep sellers in control.
#MarketSentimentToday Ripple Price Analysis: The USDT Pair
On the daily chart, XRP is correcting the August rally from $0.99 to the $1.70 high. The decline has carried the price below the 0.5 Fibonacci retracement at $1.34, which now acts as resistance. The failed attempt to break back above $1.40 on October 21 reinforced the bearish short-term structure.
$XRP
$XNY
$JST
#MarketMoves XRP is rebounding toward $1.32 after holding $1.26 support for a second time in October, but it remains below the $1.34 Fibonacci resistance and a descending channel boundary. A breakout could improve the short-term structure, while another rejection would leave sellers in control after the failed move above $1.40 on October 21.#Market_Update
XRP is rebounding toward $1.32 after defending the $1.26 support for the second time in October. The asset now pushes toward a short-term descending channel’s upper boundary and the 0.5 Fibonacci retracement. A breakout from this area could shift the short-term structure, while another rejection would keep sellers in control.
#MarketSentimentToday Ripple Price Analysis: The USDT Pair
On the daily chart, XRP is correcting the August rally from $0.99 to the $1.70 high. The decline has carried the price below the 0.5 Fibonacci retracement at $1.34, which now acts as resistance. The failed attempt to break back above $1.40 on October 21 reinforced the bearish short-term structure.
