Ripple Price Analysis: What Are XRP’s Next Targets After 8% Weekly Surge?
Ripple’s XRP has delivered a strong recovery from its recent lows, validating the bullish divergence that developed near support. While the broader market structure remains corrective, the latest rally has pushed the price back toward a critical technical inflection point where t
Ripple’s XRP has delivered a strong recovery from its recent lows, validating the bullish divergence that developed near support. While the broader market structure remains corrective, the latest rally has pushed the price back toward a critical technical inflection point where the next directional move could be determined. Ripple Price Analysis: The Daily Chart The daily timeframe continues to show XRP trading inside a long-term descending channel, remaining below the major moving averages and the channel’s upper boundary.
Despite the broader bearish structure, the recent price action has improved considerably. The bullish RSI divergence that formed around the $1.02-$1.
05 support zone has played out as expected. While the asset was making lower lows, momentum was printing higher lows, signaling weakening selling pressure. Since then, XRP has rebounded sharply and reclaimed the lower support region around $1.
02-$1.06. The recovery has now carried the price toward the first major resistance zone between $1.
17 and $1.24. This area previously acted as support before the latest breakdown and is now functioning as supply.
The RSI has also pushed back above the midline, confirming improving momentum and strengthening the case for a continued recovery attempt. However, the broader trend remains bearish as long as the token trades beneath the descending channel resistance and the major moving averages overhead. A successful reclaim of the $1.
17-$1.24 region would be the first sign that the market is attempting to build a larger reversal structure. XRP/USDT 4-Hour Chart The 4-hour chart provides a clearer view of the recent breakout.
XRP spent several days consolidating inside the $1.02-$1.06 demand zone before buyers aggressively stepped in and triggered a sharp rally toward the descending trendline resistance.
The move has already reclaimed the local support area and pushed price directly into the trendline that has capped lower highs since mid-June. XRP is now testing thi
Đọc thêm từ Tiền số / Crypto
UK Financial Conduct Authority calls for expanded powers to oversee AI risks in financial services
The FCA's expanded oversight on AI in finance could set a precedent for regulating AI across other sectors, potentially enhancing consumer protection. The post UK Financial Conduct Authority calls for expanded powers to oversee AI risks in financial services appeared first on Cry
GO1 and Xiaohai Set up Potential Rematch at EWC 2026 Fatal Fury Bracket in Paris
The 32-player field for Fatal Fury: City of the Wolves at the Esports World Cup 2026 is set after a Last Chance Qualifier in Paris that took place on July 5. AbaO took the final spot, beating WBG Xiaocai 3-1 in the LCQ grand final. SF|Gummy finished third, and Pida took the fourt
Boston Dynamics’ Atlas robot walks onto FIFA World Cup pitch, and crypto has nothing to do with it
Hyundai's World Cup robot showcase highlights a shift towards robotics, challenging blockchain projects to find relevance in traditional R&D. The post Boston Dynamics’ Atlas robot walks onto FIFA World Cup pitch, and crypto has nothing to do with it appeared first on Crypto Brief
Solana adds 2M new addresses as bullish trend emerges
Solana's rapid user growth and transaction volume highlight its potential undervaluation, suggesting a future price correction is likely. The post Solana adds 2M new addresses as bullish trend emerges appeared first on Crypto Briefing.