$XRP in the critical zone of $1.05 - $1.08: Real support or a liquidity trap?
Body:
The consolidation of $XRP continues in the $1.05 - $1.08 area. While the market waits for the Federal Reserve (FOMC) rate decision, the price keeps testing the uptrend line from the past month.
Quick Technical View:
Current price: ~$1.05 - $1.08
Key support: $1.05 / $1.085 (If it breaks down, $1.03 is in view)
Immediate resistance: $1.105 (Short moving averages zone)
Range compression anticipates a violent move. The key is not to get ahead of the break.
👇 Do you see $XRP hunting for liquidity below or bouncing toward $1.12? Leave your analysis in the comments.
#XRP #Crypto #Trading #Ripple #BinanceSquare
Body:
The consolidation of $XRP continues in the $1.05 - $1.08 area. While the market waits for the Federal Reserve (FOMC) rate decision, the price keeps testing the uptrend line from the past month.
Quick Technical View:
Current price: ~$1.05 - $1.08
Key support: $1.05 / $1.085 (If it breaks down, $1.03 is in view)
Immediate resistance: $1.105 (Short moving averages zone)
Range compression anticipates a violent move. The key is not to get ahead of the break.
👇 Do you see $XRP hunting for liquidity below or bouncing toward $1.12? Leave your analysis in the comments.
#XRP #Crypto #Trading #Ripple #BinanceSquare