XRP Price Pullback: Can Bulls Reclaim $1.58-$1.85 Resistance Zone?
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- XRP price slipped from recent highs as geopolitical tension weighed on crypto sentiment.
- ChartNerd said weekly 20 and 50 EMAs remain key macro resistance levels for XRP price.
- XRP products recorded nearly $40M in inflows as futures open interest climbed to $3.02B.
XRP price slipped from highs near $1.50 and traded around $1.46 as geopolitical tension weighed on crypto markets. The pullback followed weaker risk sentiment after recent bullish momentum failed to clear major nearby resistance levels.
The decline came after Donald Trump rejected Iran’s response to a U.S. peace proposal. Reuters reported that Trump called the response unacceptable, adding pressure to global markets and energy sentiment.
XRP Price Rally Tests Macro Resistance
In an X post, analyst ChartNerd said XRP could still secure a daily breakout. However, he added that the weekly chart show…
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