📊 $XRP Technical Outlook (1M Timeframe)
Current Price: ~$1.36
XRP has shown a strong rally (0.30 → 3.66) in recent months followed by a heavy correction. The price is currently consolidating near a major demand zone, which is an important area for buyers.
Key Support Zones:
• $1.30 – $1.25 (Strong accumulation zone)
• $1.10 (Last major support, breakdown = weakness)
Key Resistance Zones:
• $1.60 – $1.70 (First recovery hurdle)
• $2.30 – $2.50 (Trend reversal zone)
Indicator View:
• Volume is gradually decreasing → selling pressure slowing
• RSI (monthly view) in oversold recovery phase
• Price is below MA lines → short term cautious, mid-term build-up
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🎯 Trade Setup (Educational View)
Spot Idea:
• Accumulate: $1.25 – $1.35
• Targets: $1.60 → $1.95 → $2.30
• Invalidation: Below $1.10
Futures (Low Risk Only):
• Long only if $1.45+ daily close
• Avoid high leverage (market volatile)
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📰 XRP News
• Ripple ecosystem is gradually growing in cross-border payments adoption
• Institutional interest is still intact, especially with the narrative of banking integrations
• After a market-wide correction, strong utility coins usually recover first
• XRP is historically known for late but explosive moves
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🔥 Conclusion
XRP seems to be coming out of the panic zone and entering an accumulation phase. Short term patience is needed, but the mid-term bounce probability is high if the $1.25 zone holds.
⚠️ Not financial advice. Always manage risk & DYOR.
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