$XRP - Ripple Moment

’s recent breakout, backed by heavy ETF-driven volume, has pushed it back into focus. The move has structure, so dips are more of an opportunity than a threat unless key support gives way.

The 10/10 liquidation wick has been partially filled, and price is hovering around $2.25 after another rejection at the diagonal and major resistance. This push is once again running into the same descending resistance that previously triggered sharp sell-offs, making this zone a key area to watch.

With struggling to reclaim 92k, I’m watching the 90k support closely. If that stays weak, XRP could dip toward $2.14, potentially bounce back to $2.30, and if $2.30 becomes a resistance, a move toward $2 wouldn’t be surprising.

Tealstreet

Advanced Crypto Trading Terminal
Lightning-fast execution — 100% free!

Trade like a Pro via Tealstreet ⚡️
tealstreet.io/
linktr.ee/tealstreet.io

Content in partnership with:
linktr.ee/mooncakexbt

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Tealstreet

Also on: