XRP, the sixth-largest cryptocurrency, is at a critical inflection point. After a 4.27% dip in the past 24 hours, traders and investors are closely watching its next move.
On the 4-hour (4H) chart, XRP is consolidating within a symmetric triangle, a classic pattern that precedes high volatility and a decisive price swing.
The support trend line remains at a crucial level. If XRP successfully retests this zone, a bullish breakout could propel it toward $2.48 and beyond. However, if support fails, the price could plummet to $2.23 or even $2.00, triggering a deeper correction.
Support Zones:
Resistance Zones:
XRP is standing at a make-or-break moment. A strong defense of support could ignite a rally, leading to a breakout past resistance levels. However, if sellers take control, XRP risks a deeper decline.
With volatility intensifying, traders should stay alert—XRP’s next move could shape its trajectory for weeks to come. The stage is set—brace for impact.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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