XRP is consolidating inside a descending channel right now, though buyers are starting to make their move.



Breaking cleanly above the 20-day EMA around $1.93 would signal real momentum is building. Once that level cracks, we could see the price rally toward the 50-day SMA at $2.09. The descending trendline will likely act as overhead resistance to watch.

The setup looks interesting if bulls can catch a bid here—just need to see if they can push through that first hurdle.
XRP0,16%
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.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
RiddleMastervip
· 10h ago
Breaking through this 1.93 barrier is essential; otherwise, it's all just empty talk.
View OriginalReply0
StablecoinEnjoyervip
· 10h ago
If 1.93 can be broken, there is hope; otherwise, it will continue to fluctuate.
View OriginalReply0
LootboxPhobiavip
· 10h ago
1.93 can't be broken, it's all nonsense. Watching it closely.
View OriginalReply0
LiquidatedThricevip
· 10h ago
Uh, wow, another key level at $1.93... To be honest, I'm a bit tired of this kind of analysis. Every time it breaks out, it’s supposed to fly, but it just doesn’t take off.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)