🔻 XRP MAY BE REJECTED FROM THE LOCAL CHANNEL RETEST
Support: 1.323 – 1.328
Resistance: 1.374 – 1.378
Target: 1.323 – 1.328
$XRP is still trading inside a broader descending structure, and the latest recovery has only pushed price back into the upper side of the local bearish channel. The rebound looks corrective for now, which keeps the downside continuation scenario active while price stays below the immediate reaction zone.
As long as sellers defend 1.374–1.378, XRP may rotate lower toward the 1.323–1.328 support area next. A clean breakout above resistance would weaken this bearish setup quickly and delay the move lower. ⚠️
Do you see XRP getting rejected from this retest zone, or can bulls still squeeze out one more breakout first?