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📉 $XRP BUYERS NEED TO PROVE THEMSELVES HERE
XRP is currently trading around the $1.28–$1.31 area, and the short-term structure is looking more corrective after the sharp rejection from the recent highs.
The zone I’m watching most closely is $1.25–$1.28.
If buyers can defend this area and push XRP back above $1.37–$1.40, the structure could start improving again.
But if $1.25 support gives way, the downside pressure could increase and the next major demand area comes into focus.
For now, I’m staying cautious/bearish on the short-term trend rather than forcing a bullish view.
📌 Key levels:
Support: $1.25–$1.28
Resistance: $1.37–$1.40
The next clean move will likely come from one of these zones.
No guessing. Let price show the direction. 👀
#FedAnnounceRateDecisionSoon
#CLARITYActFailsToPass #WhereToParkStablecoinsWhileWaiting