$XRP early base formed around $0.50–0.70 where price consolidated before the explosive breakout phase.
The first major vertical rally pushed XRP toward $3.50–4.00. That zone became the cycle top where strong distribution started. After the rejection, price formed a wide range between $2.00–3.00. This acted as a mid-cycle consolidation but eventually broke down. The major breakdown happened near $2.00, leading to a fast drop with weak bounces along the way, showing heavy seller control. Right now, XRP is reacting around $1.30–1.40. This is the current support zone. If this level holds, a bounce toward $1.80–2.20 is possible. If it breaks, the next strong demand sits closer to $1.00–1.10.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$XRP early base formed around $0.50–0.70 where price consolidated before the explosive breakout phase.
The first major vertical rally pushed XRP toward $3.50–4.00. That zone became the cycle top where strong distribution started.
After the rejection, price formed a wide range between $2.00–3.00. This acted as a mid-cycle consolidation but eventually broke down.
The major breakdown happened near $2.00, leading to a fast drop with weak bounces along the way, showing heavy seller control.
Right now, XRP is reacting around $1.30–1.40. This is the current support zone. If this level holds, a bounce toward $1.80–2.20 is possible. If it breaks, the next strong demand sits closer to $1.00–1.10.