XRP’s Next Move Comes Down to These Key Price Levels: Analyst

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XRP is changing hands around $1.35, down roughly 6% over the last week after slipping beneath a support level watched closely since late August. Analyst ChartNerd flags two consecutive weekly closes below the 50-week EMA with a pullback of around 22% from the $1.70 peak reached on August 22. The token surged 70% in three days in early August, recovering from a brief dip below $1.00 and posting a 30% monthly gain despite the retreat. Key support levels to watch are $1.30, $1.27, $1.21, and $0.85, while immediate resistance sits between $1.40 and $1.43. Spot XRP ETFs still pulled in over $110 million last week, their strongest inflow since December.

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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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