XRP Hits Support After Clearing Resistance

XRP has cleared its immediate resistance but is now facing a crucial test of support that could decide its next move. The token reached $1.69 last week before encountering strong resistance, causing it to retreat back towards $1.40.

The bearish outlook for XRP is underscored by the fact that it has pulled back from its recent high after meeting resistance.

Despite clearing liquidity around its immediate resistance, XRP's short-term technical uncertainty remains a concern for crypto investors and traders.