XRP Bulls Eye Biblical Rise Above $1.85-$1.95
XRP's recent recovery has brought it back into focus for traders hoping the move can develop into a larger structural shift.
The blue resistance zone around $1.85 to $1.95 is crucial, as a weekly close above the prior lower high would change the structure and potentially lead to what JD described as the 'next Biblical rise.'
JD's analysis centers on the weekly close rather than an intraperiod move, and XRP remains below the blue zone despite its latest recovery.
The recent surge pushed XRP above the lower section of a descending trendline structure that has guided its decline from $3.65, but the market needs to preserve a higher-low formation to maintain the recovery structure.