🏮MARKET UPDATE: $XRP 🏮
$XRP XRP continues to show resilience, holding strong above the key rectangular support zone following a major liquidity grab wick — a clear sign that buyers are once again stepping in at lower levels. This accumulation phase is strengthening the short-term structure, keeping the overall outlook cautiously bullish.
If buying pressure sustains, we could see a push toward the $2.60–$2.80 resistance area in the coming sessions. A clean breakout and retest above that zone would confirm a strong continuation pattern, potentially opening the path for a new local high.
However, traders should remain cautious. A daily close below the ascending trendline or a sustained move beneath support would signal weakness in the current momentum, possibly triggering a deeper correction toward $2.00 or even lower before another leg higher.
Keep a close eye on how XRP reacts around these levels — the next breakout or breakdown could set the tone for the next major move.
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