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$XRP REACTING FROM KEY DEMAND ZONE – POTENTIAL REVERSAL IN PLAY

$XRP has been in a clear downtrend, forming lower highs after multiple consolidation phases. Price recently tapped into a strong demand zone around $1.20–$1.30, and the current bounce toward $1.35 suggests buyers are stepping in at this key support area.

This reaction indicates accumulation at demand, but confirmation is still needed. A break above the nearest lower high would strengthen the case for a short-term trend reversal.

Key levels to watch:
• Support: $1.20 – $1.30
• Immediate Resistance: $1.42 – $1.50
• Major Resistance: $1.60

If bulls maintain momentum above $1.30, we could see a relief rally toward the $1.50 zone. However, losing $1.20 would invalidate the bounce and likely continue the broader downtrend.

Momentum is shifting slightly bullish short-term, but structure remains cautious until higher highs are formed.
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buy and trade here on $XRP
{spot}(XRPUSDT)