Currently, #XRP shows resilience around the 1.40 level, maintaining stability amidst broader market corrections. After facing downward pressure earlier this month, it is testing #XRP a critical support level that may determine its near-term path.
Key points
Trend: It is currently experiencing consolidation with strong buying interest emerging around the 1.38 level as an immediate bottom.
Support and Resistance: The critical support level is at 1.38, while a breakout above 1.55 could lead to a move towards 2.00.
Catalyst: The XRP Community Day event remains the main driver, as the high trading volume reflects strong confidence among coin holders.
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XRP
1.366
-0.86%