XRP's been testing a critical 4-hour demand zone lately. What's interesting? Multiple bounces from these lows suggest something might be brewing.

The bigger picture tells a story. We've seen lower highs stacking up during this downtrend. But now price action is knocking on a significant support level around that 4H zone.

Will this demand area hold? That's the question traders are watching right now. The reaction here could define XRP's next move.

XRP9.2%

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.

13 Likes

Reward
13
3
Repost
Share

Comment

0/400

GateUser-7b078580

· 16h ago

Data shows that when counted by the hour, this rebound is just so-so, the historical low has been broken and we are still discussing support here... However, let's wait and see, if miners eat too much gas fees, it will collapse sooner or later.

View OriginalReply0

just_vibin_onchain