XRP Price Rebound Stalls, New Downside Threats Start Building
· aayush jindal
AI Briefing
- XRP price corrected gains after reaching a high above $1.4650, facing resistance near $1.4250, with potential for further upside if cleared. The price is now trading above $1.40 and the 100-hourly Simple Moving Average. A break below $1.3780 could start a decline towards $1.3550.
- The bulls might face resistance near $1.60 if XRP fails to clear the $1.4250 resistance zone. The price is trading above $1.40 and the 100-hourly Simple Moving Average.
- A clear move above the $1.50 resistance could send the price toward $1.5250, with potential for further gains if cleared.
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