$XRP ‌XRP is currently under downward pressure after an initial decline from the upper range.


At the current time (near $1.76) the market has begun to attempt stabilization after the most recent downturn.
Support for XRP will exist at the lower end of the 1.71-1.76 range.
Demand was seen in this same range previously; therefore it is currently being tested by supply.
So long as XRP trades above this support, there is still a possibility of a short term reversal.
Initial evidence of a potential recovery will be a breakout above 1.82.
Improving momentum may allow XRP to reach the next resistance zones near $1.88 and $1.95.
Downward pressure will continue if sellers can reject attempts to trade above $1.82.
A decisive break through the lower end of the 1.71-1.76 support zone, would indicate further weakness in the underlying structure and potentially push price down to $1.65.
Overall, XRP is currently in a corrective phase following a major rejection.
Therefore, due to high volatility, patience and confirmation are required.
This is my own opinion of the market, supported by price action and significant levels.
XRP0,05%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
AH_CRYPTOvip
· 5h ago
2026 GOGOGO 👊
Reply0
AH_CRYPTOvip
· 5h ago
Happy New Year! 🤑
Reply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)