1 month ago
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Key Takeaways
- XRP rebounded after testing the $1.32 area.
- $1.41 is the first reclaimed support.
- $1.47 remains the decisive resistance level.
- $1.51 and $1.56 follow a breakout.
- Crowded leverage could weaken a breakout.
The $1.32 hold sets up XRP’s next test
XRP regained traction after sliding toward $1.32, the weakness covered in our earlier XRP price report. The latest advance has not reversed the full decline from $1.70, but it has created a clear support area for buyers to defend.
The move also arrived during a broader large-cap recovery, as our team explained in today’s crypto market analysis. That broader bid gives XRP support, but the token’s own chart now has a separate test.
On the daily XRP/USD chart, price was trading above the upp...
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