$XRP

XRP
1.9148
+0.75%
XRP's current position
The XRP chart has reacted to a "blue zone," an area of previous swing lows, showing a strong bounce.
Key resistance level : The crucial level to watch is the green line at $1.96-$1.97. As long as XRP stays below this, the yellow pathway (bearish outlook) remains valid.
the current XRP structure is complex and messy, making it difficult to find reliable trade setups. It's described as a "diagonal pattern at best" with many interpretations.
No clear trend
, suggesting a period of "noise."
Long-term perspective
On a larger time frame, XRP is stuck in a one-year-long range, making current movements appear as "noise."
: A clear bullish breakout signal would require XRP to break above the $2.69-$2.83 range.