Crypto
XRP Stuck in Correction as Buyers Struggle to Overcome Key Resistance
XRP has been struggling to break through its key overhead supply zone since its sharp August breakout.
The asset is currently trading around $1.42, just below the major supply area of $1.45-$1.54.
Despite this weakness, XRP continues to hold above its long-term moving average near $1.27, which has flattened after trending lower.
A daily close above the $1.45-$1.54 resistance zone would strengthen the bullish case and potentially bring the $1.70 high back into focus.