⬤ XRP has struggled to find its footing in recent trading sessions, showing little sign of recovery. The market outlook remains unchanged for now, with analysts keeping a close watch as weakness continues. If the current trend holds, XRP could slide directly toward the $1.68 region or even lower.
⬤ Currently consolidating near the mid-$1.80 range, XRP is trading around key Fibonacci levels—the 50% zone sits near $1.86 while the 61.8% area hovers just above $1.84. Below the current price, support zones stretch through approximately $1.77 before hitting the major $1.68 confluence area. The cryptocurrency remains capped by overhead resistance levels, keeping the overall tone cautious.
⬤ While possible upside targets exist around $2.00 to $2.14 based on Fibonacci extensions, the focus remains on the current weak structure. XRP continues moving sideways in this corrective phase, and market participants are watching whether buyers can step in to defend current levels or if further downside is ahead.
⬤ The $1.68 level represents a crucial technical zone that could determine XRP’s next major move. A drop to that support might trigger more defensive positioning, while holding above current retracement levels could help stabilize sentiment. For now, weakness continues to dominate the near-term picture as traders wait for a clearer directional signal.
XRP Eyes $1.68 Support as Weakness Persists
⬤ XRP has struggled to find its footing in recent trading sessions, showing little sign of recovery. The market outlook remains unchanged for now, with analysts keeping a close watch as weakness continues. If the current trend holds, XRP could slide directly toward the $1.68 region or even lower.
⬤ Currently consolidating near the mid-$1.80 range, XRP is trading around key Fibonacci levels—the 50% zone sits near $1.86 while the 61.8% area hovers just above $1.84. Below the current price, support zones stretch through approximately $1.77 before hitting the major $1.68 confluence area. The cryptocurrency remains capped by overhead resistance levels, keeping the overall tone cautious.
⬤ While possible upside targets exist around $2.00 to $2.14 based on Fibonacci extensions, the focus remains on the current weak structure. XRP continues moving sideways in this corrective phase, and market participants are watching whether buyers can step in to defend current levels or if further downside is ahead.
⬤ The $1.68 level represents a crucial technical zone that could determine XRP’s next major move. A drop to that support might trigger more defensive positioning, while holding above current retracement levels could help stabilize sentiment. For now, weakness continues to dominate the near-term picture as traders wait for a clearer directional signal.