XRP Price Prediction: XRP Eyes Recovery While Sellers Stay Active
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XRP faces significant resistance between $1.508 and $1.55, which could determine its bullish momentum. After a decline from $2.42 to $1.10, XRP is attempting to stabilize around $1.46, with traders watching for a potential rebound. Reduced risk appetite in derivatives and spot flows indicates cautious market sentiments.
- XRP tests short-term support near $1.46, signaling a potential rebound attempt.
- Key resistance cluster at $1.508–$1.55 may determine if bullish momentum strengthens.
- Derivatives and spot flows show reduced risk appetite despite slight February inflow gains.
XRP trades near $1.47 on the four-hour chart, attempting to rebuild strength after a prolonged decline. The pair previously fell from a $2.42 swing high to a $1.10 low, confirming a broader bearish structure.
However, recent candles show stabilization as buyers defend short-term support. Consequently, traders now focus on whether this rebound can evolve into a sustained recovery or fade into another lower high.
Technical Structure Signals Decision Point
Immediate resistance stands between $1.508 and $1.55, where recent supply capped upside attempts. A decisive push above this zone would expose $1.61, wh…
Read The Full Article XRP Price Prediction: XRP Eyes Recovery While Sellers Stay Active On Coin Edition.
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$ 1.48
-0.31%Share:
In This News
Coins
$ 1.48
-0.31%Share:
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XRP Price Prediction: XRP Eyes Recovery While Sellers Stay Active
Share:
XRP faces significant resistance between $1.508 and $1.55, which could determine its bullish momentum. After a decline from $2.42 to $1.10, XRP is attempting to stabilize around $1.46, with traders watching for a potential rebound. Reduced risk appetite in derivatives and spot flows indicates cautious market sentiments.
- XRP tests short-term support near $1.46, signaling a potential rebound attempt.
- Key resistance cluster at $1.508–$1.55 may determine if bullish momentum strengthens.
- Derivatives and spot flows show reduced risk appetite despite slight February inflow gains.
XRP trades near $1.47 on the four-hour chart, attempting to rebuild strength after a prolonged decline. The pair previously fell from a $2.42 swing high to a $1.10 low, confirming a broader bearish structure.
However, recent candles show stabilization as buyers defend short-term support. Consequently, traders now focus on whether this rebound can evolve into a sustained recovery or fade into another lower high.
Technical Structure Signals Decision Point
Immediate resistance stands between $1.508 and $1.55, where recent supply capped upside attempts. A decisive push above this zone would expose $1.61, wh…
Read The Full Article XRP Price Prediction: XRP Eyes Recovery While Sellers Stay Active On Coin Edition.
In This News
Coins
$ 1.48
-0.31%Share:
In This News
Coins
$ 1.48
-0.31%Share:
Read More
Solana (SOL) Price Prediction: Can $86 Trigger a Breakout?