Just noticed XRP holding strong around $1.42 after that recent breakout. What's interesting is how price is retesting the $1.35 support zone without rolling over—classic continuation setup if you ask me. The structure looks clean, consolidating above what used to be resistance, and now it's acting as a floor.



Data shows XRP up about 4% over the past week, sitting right where the technicals matter. Taker buy pressure has been building on major platforms, and capital flows into XRP have been consistent at around $19.3M weekly with total assets managed hitting $2.46B. That kind of accumulation usually doesn't happen at tops.

For the price prediction angle, $1.42 is shaping up as the next key level to watch. If buyers keep defending that $1.35 zone, we could see a push toward it. The wedge formation that's been building suggests there's room to run if momentum stays intact. The real question is whether this breakout structure holds or if we get shaken out—so far, the buying pressure is doing the talking.
XRP-0,41%
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