XRP Consolidates Around Key Support Zone Amid Bullish Price Action
Financial expert Levi is optimistic about XRP's price action, describing it as bullish. He points to the $1.45-$1.50 range as a crucial support zone for the token.
XRP has experienced a sharp move from the $1.00 area and is currently consolidating around $1.45. According to Levi, holding this zone would preserve the current bullish structure.
Levi's analysis focuses on whether XRP can maintain its position following the upward move, rather than treating the pullback as a reversal of the broader trend.
The four-hour chart attached to his post shows XRP breaking above a descending trendline and establishing a base around $1.00-$1.05 before accelerating toward the $1.70 region.