Xrp
Title: XRP Weekly Watch — Cooling Off After a Wild Week
$XRP is trading around $1.42-1.45 after one of its most volatile weeks this year — up over 60% at one point, briefly touching $1.69, then a sharp 37% flash crash wiped out roughly $500M in leveraged long positions within minutes.
Where things stand now:
• Weekly trend: still bullish overall (+47% on the week), but momentum has cooled sharply
• Key support: $1.42 (38.2% Fib) — a clean break below risks a slide toward $1.34
• Structural floor: ~$1.00 — the level that matters most if this cools further
• Resistance: stacked from $1.51 up to $1.62
• RSI readings are mixed across sources (some neutral, some oversold-leaning) after the earlier extreme overbought spike
Read on the setup:
This is a classic post-squeeze consolidation — heavy leverage got flushed out on both the way up and the way down. Until price reclaims $1.51+ with rising volume, or clearly loses $1.42, the higher-probability read is range/wait rather than chasing either direction.
$XRP $BTC
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