XRPUSD is testing a key support at $2.60, trading inside a symmetrical triangle that’s showing signs of weakening momentum. Since October 26, the price has compressed between $2.69 resistance and $2.60 support, forming lower highs while volume thins — often a sign of a breakout buildup.If $2.60 breaks on a 12-hour close,
XRPUSD could slide to $2.55, then $2.46, which aligns with the 0.618 Fibonacci retracement and may act as temporary support. A bounce from $2.60 would need confirmation above $2.69, opening upside targets at $2.88 and $3.02.The RSI remains neutral, suggesting consolidation could continue before a directional move. Traders should watch for breakout volume to confirm the next leg.
On-chain data shows long-term holders increasing outflows by 2,200% since mid-October, hinting at sustained sell pressure. Unless buying volume returns soon,
XRPUSD risks slipping into a short-term bearish continuation phase.
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Leader in crypto news, award winning journalism in 26 languages.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.