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CoinCodex’s XRP Price Prediction: No Impulse Yet, XRP Needs to Reclaim $1.40


CoinCodex’s XRP Price Prediction: No Impulse Yet, XRP Needs to Reclaim $1.40

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AI Overview

XRP struggles to maintain support above $1.38, with key resistance at $1.40 and need for a significant close above $1.45 to trigger a bullish surge. Trading volumes have increased sharply, indicating heightened market activity despite an on-chain realized loss. The price remains in a reaction phase, with $1.32 as a critical support level.

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XRP Faces Renewed Pressure Amid Key Technical Levels

XRP struggles to hold $1.38 as market sentiment wavers between cautious optimism and bearish pressure, with key levels poised to shape its next move, per CoinCodex data.

Therefore, XRP needs a decisive close above $1.40 to shift momentum toward $1.50, but strong resistance near $1.425 could cap gains. On-chain data indicates a clear break above $1.45 is essential to trigger the next surge, requiring solid buying pressure to avoid a corrective pullback.

On the other hand, a confirmed drop below $1.32 could push XRP toward $1.28, intensifying the current reaction phase and deterring short-term buyers until stronger support forms.

XRP in a Reaction Phase: Key $1.32–$1.40 Levels to Watch

XRP remains highly reactive in the current market. Unless it decisively reclaims $1.40, rallies are likely corrective, not trend-setting. 

Therefore, short-term gains should be treated cautiously, separating fleeting spikes from true reversals. Notably, trading volumes have surged 83% on Upbit, 68% on Binance, and 34% on Coinbase, signaling heightened market activity.

Despite its largest on-chain realized loss since 2022, all hope is not lost because XRP remains underpinned by strong institutional interest and its role in cross-border payments, factors that could fuel longer-term gains. 

Well, the $1.40 resistance must hold for bulls to drive a sustained uptrend, while a break below $1.32 could give bears the upper hand. Currently, XRP is in a reaction phase, with cautious optimism prevailing as the market seeks directional clarity.

Conclusion

XRP faces a critical juncture: $1.32 support and $1.40 resistance define its near-term path. Until bulls reclaim momentum above $1.40, rallies may remain corrective, while intensified selling could push prices lower. Tracking these levels is essential for anticipating trend shifts and guiding strategic trades.

Read the article at Coinpaper

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