⚠ XRP Is Testing The Lower Side Of The Range Again
$XRP is now around $1.05 after dropping nearly 5% from the recent recovery near $1.10.
The structure is still the same range we have tracked for almost a month: $1.00–$1.14.
But now XRP is leaning back toward the lower side of that range.
The key support remains $1.00–$1.06, where a large amount of XRP previously changed hands. This zone is being tested again, and repeated tests can weaken support if buyers do not step in with volume.
The upside level is still $1.13–$1.14, near the 200-day MA. XRP has failed to reclaim that zone through the entire update cycle.
My view: XRP is not structurally broken yet, but this is a warning area.
Hold $1.00–$1.03, and XRP can bounce backtoward $1.08–$1.10.
Lose $1.00, especially while BTC stays weak, and the chart opens an air pocket toward $0.93, then possibly $0.80.
For now, XRP is still consolidating.
But if $1.00 breaks, that would be the first real structural change after nearly a month of sideways movement.
⚠ Not financial advice.
#XRPRealityCheck
$XRP is now around $1.05 after dropping nearly 5% from the recent recovery near $1.10.
The structure is still the same range we have tracked for almost a month: $1.00–$1.14.
But now XRP is leaning back toward the lower side of that range.
The key support remains $1.00–$1.06, where a large amount of XRP previously changed hands. This zone is being tested again, and repeated tests can weaken support if buyers do not step in with volume.
The upside level is still $1.13–$1.14, near the 200-day MA. XRP has failed to reclaim that zone through the entire update cycle.
My view: XRP is not structurally broken yet, but this is a warning area.
Hold $1.00–$1.03, and XRP can bounce backtoward $1.08–$1.10.
Lose $1.00, especially while BTC stays weak, and the chart opens an air pocket toward $0.93, then possibly $0.80.
For now, XRP is still consolidating.
But if $1.00 breaks, that would be the first real structural change after nearly a month of sideways movement.
⚠ Not financial advice.
#XRPRealityCheck