XRP Holds Ground Above Key Support Amid Ongoing Selling Pressure

XRP has maintained its bullish structure despite recent selling pressure at the $1.61-$1.70 resistance zone.

The asset's recovery from the $1.25-$1.32 support zone carried the price into the aforementioned resistance area, but a long upper wick and subsequent bearish candles indicate substantial selling pressure.

XRP remains above both displayed moving averages, with the orange average flattening around $1.28 and the yellow average rising toward $1.22.

A sustained break above the $1.61-$1.70 resistance zone could open the way toward the broader $1.81-$1.94 supply area, but a decisive breakdown would weaken the recovery structure and expose lower support around $1.38.