XRP Pullback Fails to Break Bullish Trend as $1.69 Remains in Focus

XRP's recent pullback has not yet broken its bullish structure as it eyes $1.69.

The asset posted a strong weekly gain of over 50%, breaking above $1.60 before sellers pushed the price down to $1.4852, representing a 2.3% drop in one day.

The question now is whether this pullback will lead to a deeper decline or give XRP room to recover before another move higher.

The 4-hour chart continues to favor the bullish case, with key support levels remaining below the current price and $1.6999 as the main upside level to watch.