Market structure: Slightly bullish but still sideways.
🔑 Important Price Levels
Support: $1.30 – $1.35
Strong Support: $1.28
Resistance: $1.46 – $1.50
Breakout Level: $1.50+ �
MEXC +1
Analysts say XRP is currently consolidating around $1.35–$1.40 with neutral momentum indicators, meaning the market is waiting for a breakout. �
MEXC
📈 Possible Scenarios
🟢 Bullish Scenario
If XRP breaks $1.50 resistance, next targets could be:
➡ $1.60 – $1.70
Some forecasts even suggest $1.60–$1.85 by the end of March if bullish momentum continues. �
Finbold +1
🟡 Sideways Scenario (Most Likely)
Price may move in a range:
➡ $1.35 – $1.50
This happens when buyers and sellers are balanced. �
MEXC
🔴 Bearish Scenario
If $1.30 support breaks, price could fall to:
➡ $1.20 – $1.15
because losing key support often triggers stop-loss selling. �
Finbold
✅ Simple Trade Idea (Short Term):
Buy zone: $1.32 – $1.36
Target: $1.48 – $1.60