On the 15-minute $XRP USDT Perpetual chart, the price moved up earlier and reached the 1.43 level. At that point, buyers looked confident and the market was showing strength.
But soon after, selling pressure returned.
The price dropped quickly and touched the 1.37 zone. That move was sharp and showed how fast sentiment can change in the market. For a moment, it felt like sellers were taking full control.
Then the recovery started.
Buyers slowly stepped back in. One green candle followed another, and XRP pushed its way back up toward the 1.41 area. Right now, the price is trading near 1.418, trying to hold its ground after the bounce.
In the last 24 hours:
High reached: 1.430
Low touched: 1.376
XRP trading volume: 626.28 Million
USDT volume: 881.32 Million
Today’s movement is slightly positive. Over the last 7 days, XRP has gained around 4 percent.
But when we look at the bigger picture, the trend still shows weakness. In the last 30 days, the price is down by more than 25 percent. Over 90 days, the drop is close to 28 percent. And in the past 180 days, XRP has lost over 53 percent of its value.
This shows that while a short term recovery is forming, the market is still dealing with long term selling pressure.
Now this price zone becomes important.
If buyers continue to support the market, XRP may try another move toward the 1.43 level again. But if selling pressure comes back, we could see another test of lower support areas.
For now, the market is trying to find balance between fear and recovery.Want me to make this more exciting and dramatic?
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