Breaking News 🗞️
XRP price prints a swing failure pattern at $1.80 and reclaims support, suggesting downside exhaustion as traders watch the $1.98 level for bullish confirmation.
Summary
The swing failure pattern forms at $1.80, suggesting a local bottom.
Price remains below the $1.98 Point of Control resistance.
Reclaiming $1.98 could open a move toward $2.20.
XRP (XRP) price is showing early signs of a potential bottom after forming a swing failure pattern (SFP) around the $1.80 level. This pattern, often associated with downside exhaustion, has emerged as the price reclaimed the $1.80 region after briefly trading below it.
While confirmation is still pending, the structure suggests that selling pressure may be weakening, opening the door for a short-term bullish recovery if key resistance levels are reclaimed.
#CryptoNewss #Market_Update #xrp #TrendingTopic #BinanceAlphaAlert
