XRP is still holding the major support zone around $1.27 — $1.35 after fully filling the downside wick.
Short term that looks constructive.
But HTF structure is still bearish until XRP can reclaim the $2 level.
That is the key level I’m watching right now.
If XRP reclaims and holds above $2:
→ continuation higher becomes more likely
If price gets rejected again:
→ this could simply become another lower high inside the bigger downtrend
Current view:
• Support holding = good
• HTF reclaim still missing
• $2 remains the most important level
Would you buy XRP here or wait for confirmation above resistance?
MrC
Short term that looks constructive.
But HTF structure is still bearish until XRP can reclaim the $2 level.
That is the key level I’m watching right now.
If XRP reclaims and holds above $2:
→ continuation higher becomes more likely
If price gets rejected again:
→ this could simply become another lower high inside the bigger downtrend
Current view:
• Support holding = good
• HTF reclaim still missing
• $2 remains the most important level
Would you buy XRP here or wait for confirmation above resistance?
MrC
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.