Just been watching XRP and it's looking pretty weak right now. Trading around $1.32, down from last week's levels, and honestly the technicals aren't inspiring much confidence. The whole market's been under pressure - Bitcoin's struggling, Ethereum's down too, and XRP is just following the downtrend.



From what I'm seeing on the charts, if this bearish pressure keeps going, we could definitely retest that $1.44 support soon. That's the key level to watch. If that breaks, the next retest would probably take us down to $1.30 or so. The momentum indicators are all pointing bearish - RSI and MACD are both looking weak.

The only positive is if we hold the $1.50 level and bounce back, then maybe we see a recovery push toward $1.83. But right now, the bias is definitely downside. Volatility's compressed and the market feels like it's waiting for something to break. When it does, it could move fast either way. Just keeping an eye on how this plays out over the next few days.
XRP1,61%
BTC0,3%
ETH0,21%
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin