XRP has been stagnating in a narrow range for the first time in months, and this is a typical precursor pattern. It has repeatedly tested around $1.40 but has failed multiple times to break above $1.43. Looking now, it has dropped to $1.36, but this classic compression phase continues.



Volatility has fallen to its lowest level since January, which is historically a sign that a major move is imminent. Buyers are desperately trying to hold the $1.40 level, while sellers are suppressing the upside. I don't think this typical stalemate will last long.

From a technical perspective, XRP is in a classic breakout waiting pattern. If it breaks below $1.40, it could head toward $1.35; if it holds that level, a rebound toward $1.43–$1.45 is possible. The key here is trading volume, as the side with stronger participation during the breakout will likely determine the next trend.

Regarding Bitcoin, there are also concerns. It temporarily broke through $76,000 but has retreated to $74,000. On major exchanges, Bitcoin futures have maintained negative funding rates for 46 days, indicating a concentration of bearish positioning. Such long-term risk-off environments often serve as early indicators of sharp upward moves.
View Original
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