XRP shows first bullish dynamic since September plunge, trading near $1.31 after daily gain
XRP shows first bullish dynamic since September plunge, trading near $1.31 after daily gain. The token had fallen from the $1.55 region to a low near $1.25 for most of October. The current bounce, though small, indicates a slowdown in selling pressure around the $1.25 to $1.30 support area. Key resistance levels are at $1.33, followed by $1.37-$1.38, and then $1.45. If XRP loses $1.25, the bounce could fail, potentially leading to a drop towards $1.20 or lower. Volume remains low, and the overall trend is still downward, but this marks the first bullish signal in weeks.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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