CandleFocus

XRP Price Stabilizes at $1.30: Can Momentum Build?

Author: Content Editor
The price of XRP is currently consolidating near the $1.400 zone and needs to surpass the $1.4550 resistance zone in order to start a new upward trend. XRP has struggled to move above the $1.50 level, experiencing dips below $1.30. However, it is now recovering losses, unlike Bitcoin and Ethereum. The price has tested and faced resistance near the $1.420 level, and there is a key bearish trend line forming with resistance at $1.4550. If the resistance is not cleared, XRP could experience a downside correction, with initial support at $1.3200 and major support at $1.30. On the other hand, a clear move above $1.50 could lead to further gains, with resistance levels at $1.550, $1.600, and $1.620.

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