XRP Breaks $1.13 Support, Bearish Structure Points to $1 Test

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XRP is showing renewed downside risk after slipping below a closely watched $1.13 support level, a move that technical analysts say confirms a strengthening bearish structure and raises the probability of a test of the psychological $1.00 mark. On a four-hour chart basis, multiple candles have closed below the prior support zone around $1.13—an area that had also aligned with a key rising trendline.

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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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