Ripple Price Analysis: XRP Rejected at Key Resistance Again – Is $1.00 Next?

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XRP rebounded toward $1.34 before retreating to $1.26, while maintaining the $1.25 support. Breaking out of the descending channel on the four-hour chart is constructive, but reclaiming $1.40 would be needed to confirm a bullish scenario. A sustained break below $1.25 would invalidate the breakout and could push the price toward $1.10, followed by the $1.00 zone. The main resistance levels above are $1.40, $1.50 and $1.70.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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