⬤ 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.
Trang này có thể chứa nội dung của bên thứ ba, được cung cấp chỉ nhằm mục đích thông tin (không phải là tuyên bố/bảo đảm) và không được coi là sự chứng thực cho quan điểm của Gate hoặc là lời khuyên về tài chính hoặc chuyên môn. Xem Tuyên bố từ chối trách nhiệm để biết chi tiết.
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.