🟣 $XRP Update | Buyers Defend $1.80 Zone
XRP showed solid resilience today. After an early dip, buyers stepped in aggressively near $1.80, pushing price higher despite overall low market participation.
🔍 What’s happening
• XRP bounced +4.2% to ~$1.85 after dipping to $1.797
• Recovery came on light volume, hinting at controlled accumulation, not FOMO
• Sentiment got a mild boost from VivoPower’s Ripple Labs equity deal, reinforcing institutional interest (indirect XRP exposure)
📊 Price Action & Structure
• Strong bids appeared during US hours
• Heavy volume bursts (~19M XRP) flipped $1.84 from resistance to support
• Intraday ascending channel formed from the $1.79 low
• Price now consolidating below a key supply zone
⚠️ Key Levels to Watch
• Support: $1.84 → $1.80
• Resistance: $1.87 – $1.90
• A clean break above $1.90 = acceptance of higher levels
• Rejection here = back to range play
🧠 Market Read
This move looks institutional and patient, not retail-driven. Structure has improved, but without volume expansion, upside continuation needs confirmation.
Bias: Cautiously bullish above $1.84
Mood: Accumulation > Momentum
Stay sharp. Let price confirm. 💹
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