Crypto
XRP Stalls at Key Resistance Zone
XRP's price is facing immediate resistance in the $1.60 to $1.70 zone, where sellers have repeatedly rejected upside momentum, according to PCT (Pandas Coffee Talk).
The key resistance and support levels for XRP are:
Immediate Resistance: $1.60, $1.65 Sellers rejected the price twice near this ceiling.
A daily close above this level would invalidate short-term bearish patterns, making it a crucial hurdle to overcome.
Major Overhead Resistance: $1.70 Marks the peak of the prior August rally.
Clearing this resistance opens a clearer path toward the psychological $2.00 target.
Immediate Support: $1.40, $1.45 Acts as a vital cushion holding up the current structure.