XRP Price Prediction: Buyers Hold Key Support But Derivatives Signal Weak Momentum
- XRP price today holds $2.41 after bouncing from $2.09, but resistance at $2.56 caps momentum.
- Derivatives data shows open interest slipping 1.4% and volumes down 24%, signaling reduced speculation.
- A breakout above $2.56 could target $3.04, while failure to hold $2.09 risks $1.80.
XRP price today trades near $2.41, recovering modestly after dipping to $2.09 earlier in the week. The token remains capped under a descending triangle resistance, with volatility tightening as derivatives data shows fading speculative appetite.
Price Action Holds Ascending Support
The daily chart highlights a narrowing structure with XRP price consolidating between $2.09 support and $2.56 resistance. The long-term ascending trendline continues to act as a base, while repeated rejections from the descending triangle ceiling keep upside moment…
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XRP Price Prediction: Buyers Hold Key Support But Derivatives Signal Weak Momentum
- XRP price today holds $2.41 after bouncing from $2.09, but resistance at $2.56 caps momentum.
- Derivatives data shows open interest slipping 1.4% and volumes down 24%, signaling reduced speculation.
- A breakout above $2.56 could target $3.04, while failure to hold $2.09 risks $1.80.
XRP price today trades near $2.41, recovering modestly after dipping to $2.09 earlier in the week. The token remains capped under a descending triangle resistance, with volatility tightening as derivatives data shows fading speculative appetite.
Price Action Holds Ascending Support
The daily chart highlights a narrowing structure with XRP price consolidating between $2.09 support and $2.56 resistance. The long-term ascending trendline continues to act as a base, while repeated rejections from the descending triangle ceiling keep upside moment…
Read The Full Article XRP Price Prediction: Buyers Hold Key Support But Derivatives Signal Weak Momentum On Coin Edition.
Read More
Ethereum Price Prediction: ETH Consolidates as Market Awaits Directional Breakout