Short-Term Outlook: Sideways With Potential Breakout
In the short term, XRP has shown consolidation around key support and resistance levels, suggesting a pause before its next directional move. Technical indicators point to a potential rebound if critical levels hold — for example, recent analysis highlights strong support near $1.40 and a likely short-term target around $1.60–$1.70 if the market sentiment improves and oversold conditions reverse. �
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However, if bearish pressure increases and XRP loses crucial support, it could remain range-bound or dip before buyers return. Traders are watching breakouts above resistance to confirm a continuation upward.
XRPUSDT
Perp
1.4554
-1.94%