⬤ XRP is consolidating above the $1.40 support region following a sharp drop and quick recovery. The zone keeps acting as a structural floor — multiple price reactions have already confirmed demand at this level. Rather than continuing lower after the volatility, the chart shows price settling into a range
⬤ The $1.40 level now defines near-term structure for XRP. As long as the price respects this support, an upward move toward the next resistance around $1.65 remains on the table. A similar setup played out in XRP Price Rebounds From $1.40 Support After Extended Decline, where holding the same zone signaled early stabilization.
⬤ This kind of price behavior is typical of consolidation following a V-shaped recovery — the market pauses before the next leg. Comparable compression phases have been covered in XRP Holds in Tight Consolidation Below Resistance and XRP Builds Support Base, Eyes $2.69 Recovery, both showing how tight range action tends to precede a directional move.
⬤ How XRP reacts around this support band will likely set the tone for short-term momentum. Maintaining stability while inching toward resistance could signal a shift from recovery mode into expansion — provided the range eventually breaks to the upside.
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XRP Holds $1.40 Support — Is a Move to $1.65 Next?
⬤ XRP is consolidating above the $1.40 support region following a sharp drop and quick recovery. The zone keeps acting as a structural floor — multiple price reactions have already confirmed demand at this level. Rather than continuing lower after the volatility, the chart shows price settling into a range
⬤ The $1.40 level now defines near-term structure for XRP. As long as the price respects this support, an upward move toward the next resistance around $1.65 remains on the table. A similar setup played out in XRP Price Rebounds From $1.40 Support After Extended Decline, where holding the same zone signaled early stabilization.
⬤ This kind of price behavior is typical of consolidation following a V-shaped recovery — the market pauses before the next leg. Comparable compression phases have been covered in XRP Holds in Tight Consolidation Below Resistance and XRP Builds Support Base, Eyes $2.69 Recovery, both showing how tight range action tends to precede a directional move.
⬤ How XRP reacts around this support band will likely set the tone for short-term momentum. Maintaining stability while inching toward resistance could signal a shift from recovery mode into expansion — provided the range eventually breaks to the upside.