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.
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RiddleMaster
· 10h ago
Breaking through this 1.93 barrier is essential; otherwise, it's all just empty talk.
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StablecoinEnjoyer
· 10h ago
If 1.93 can be broken, there is hope; otherwise, it will continue to fluctuate.
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LootboxPhobia
· 10h ago
1.93 can't be broken, it's all nonsense. Watching it closely.
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LiquidatedThrice
· 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.
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.