XRP Price Gives Up First Support – Why $1.42 is Back in Focus

1 week ago 3

Key Takeaways

• The pullback has reached deeper supports.
• $1.42 combines Fibonacci and diagonal support.
• $1.35 could become the broader test.
• RSI has cooled from earlier highs.
• The September structure remains constructive for now.

XRP has moved beyond its first pullback test

At the time of writing, XRP traded near $1.48, according to CoinMarketCap data, after slipping below the 23.6% Fibonacci retracement near $1.53. That level had offered the first potential cushion following XRP’s recovery toward the recent $1.70 high.

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