XRP’s Triangle Support Faces a Second Test – What If It Fails?

1 week ago 4

Key Takeaways

XRP defended rising support on July 25.
Price returned after a weak rebound.
Binance funding is modestly positive.
Repeated tests leave the trendline vulnerable.

Price first reached this boundary during the July 25 session, when buyers absorbed enough selling to prevent a confirmed breakdown. The rebound stalled around $1.11, leaving XRP back at the same support only two sessions later.

The triangle remains intact, but the limited response weakens the defence. Buyers have absorbed repeated selling without pushing price decisively away from the boundary, increasing the importance of the next daily close.