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$XRP Technical Analysis: Approaching Key Resistance 📊
Entry Zone: $1.340 – $1.350
Bullish Above: $1.385
Target 1 (TP1): $1.400
Target 2 (TP2): $1.450
Target 3 (TP3): $1.520+
Stop Loss (SL): $1.320
$XRP is currently showing resilient price action on the 1H chart, trading at $1.3584 with a daily gain of +0.62%. The asset is steadily climbing back toward its 24h high of $1.3955 after bouncing off a local support established at the 24h low of $1.3491. The current formation indicates a slow but steady bullish accumulation as buyers attempt to flip the $1.36 level into support.
The 24h trading volume remains substantial at 120.23M XRP, totaling approximately $164.95M USDT. This strong liquidity profile suggests sustained interest from both retail and institutional participants. To confirm a significant trend continuation, $XRP needs to break and close above the $1.40 psychological barrier; otherwise, a retest of the $1.34 support zone may be necessary to gather more momentum.
#xrp #Ripple #WCTCTradingChallengeShare8MUSDT