🔻 XRP MAY BE REJECTED FROM THE LOCAL CHANNEL RETEST
Support: 1.255 – 1.260
Resistance: 1.388 – 1.395
Target: 1.255 – 1.260
$XRP is still trading inside a broader descending structure, and the latest rebound looks like a corrective bounce after the recent selloff. Price is now pushing into the upper side of the local recovery channel, which keeps the bearish continuation scenario active while resistance holds.
As long as sellers defend 1.388–1.395, XRP may rotate lower toward the 1.255–1.260 support zone 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?