XRP’s token is showing signs of stabilization after a sharp decline from higher levels, but the recovery remains limited by resistance zones that continue to attract sellers. On the daily chart, XRP continues to trade inside a broader descending channel and faces a main supply zone between $1.17 and $1.20, near the upper boundary of this channel. A successful breakout above this region could open the path toward the next resistance area around $1.28, while a rejection would maintain the risk of a pullback toward the $1.05 to $1.07 support. On the 4-hour chart, the $1.16 to $1.18 resistance zone remains an important barrier, with price action still showing difficulty reclaiming the area above it.
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