DavidTheBuilder ⚠ XRP Breaks Key Support - Volatility Ahead?
The market remains cautious, with BTC$BTC setting the tone - but XRP just took a harder technical hit than most large caps. Price fell below a long-standing support from the prior bull cycle, flipping that zone into heavy resistance around $1.60–$1.70.
Right now, XRP trades below that band, and while a short-term bounce toward resistance is possible, the structure stays fragile. Without a clean reclaim and hold above that range, upside attempts are likely to stall quickly.
What matters most is the downside gap. Below current levels, support is thin until the $0.95–$1.00 zone, which raises the risk of sharper moves if selling pressure picks up.
Here’s the key setup to watch:
▪ $1.60–$1.70 = former support turned resistance
▪ Reclaim and hold = structure improves
▪ Failure at resistance = downside risk grows
▪ $0.95–$1.00 = next meaningful support
The takeaway is simple: XRP isn’t broken - but it is vulnerable. Until resistance flips back to support, bounces look tentative, not decisive.