$XRP (XRP) Technical Analysis: Testing Support Levels 📉
Entry Zone: $1.3650 – $1.3750
Bullish Above: $1.3900
Target 1 (TP1): $1.4050
Target 2 (TP2): $1.4250
Target 3 (TP3): $1.4500+
Stop Loss (SL): $1.3580
$XRP is currently experiencing localized selling pressure on the 1H chart, trading at $1.3777 with a minor daily decline of -0.12%. The price action shows a retracement from a 24h high of $1.4067, with the asset currently hovering near its intraday support levels. The candlestick formation reveals a series of lower highs over the last few hours, suggesting that the market is testing buyer conviction at the $1.3700 psychological floor.
The 24h trading volume for $XRP is moderate at 57.55M XRP, totaling approximately $79.73M USDT. This volume level indicates that while a correction is underway, it is not yet accompanied by massive panic selling. For a bullish recovery, XRP must reclaim the $1.3900 level and flip it into support. Maintaining the current base above the 24h low of $1.3677 is critical to prevent a slide toward deeper liquidity zones.