XRP Analysis for the Evening of July 20
XRP surged to the 3.54 level in the afternoon and then entered a consolidation phase. On the surface, the pace has slowed, but in reality, it is building momentum at a high level. Compared to ETH's surge, XRP has not continued to rise, but the overall structure remains strong.
Currently, the key support at the one-hour level is 3.36. If it stabilizes and does not break here, the short-term bullish structure will remain unchanged, and we can expect continued oscillation upwards. The target still looks at the 3.55-3.65 area, and if there is a breakout with volume, the next stop is expected to point directly towards the 3.80 area.
