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CryptoGlobal

XRP slips to $1.26 after rebound toward $1.34

XRP rose toward $1.34 after nearly touching $1.20 last week, then fell back to $1.26. Traders are watching the $1.25 support level.

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Crypto ·

XRP climbed back to about $1.34 after a brief slide to roughly $1.20 the previous week. It later eased to $1.26.

Crypto

This latest rise carried the token past the top line of a short-term falling channel on the 4-hour chart. Such a channel is a pattern in which both highs and lows keep getting lower.

In numbers

  • $1.26XRP latest price
  • $1.25Support level held

XRP, the past month

$1.23down −18.21%

$1.51$1.236 Oct5 Nov

Crypto

The $1.25 support level, a price where buyers have tended to step in, has held for now. The asset still faces several supply zones, where sellers have tended to appear.

The story in brief

MoneyVision newsroom · Published

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