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06/23 02:05Bullish

XRP Holds Key $1.07 Support, but $1.18 Remains Maj

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XRP Holds Key $1.07 Support, but $1.18 Remains Major Obstacle XRP has managed to hold above a critical support zone despite recent weakness. Meanwhile, the coin remains vulnerable to further downside unless buyers reclaim a major resistance level.  Recent chart formations show XRP continues to trade above the $1.07 dark pool and the $1.11 delta support zone. Buyers have so far defended these areas, preventing a deeper decline and keeping the possibility of a recovery alive. However, the larger concern is the strong rejection XRP faced at the $1.18 dark pool. Failure to break above that level indicates that sellers still control premium pricing. This suggests that the latest rebound may have been driven by short sellers taking profits rather than fresh institutional accumulation. The bullish scenario for XRP remains relatively clear. If buyers can reclaim $1.18 as support, the token could begin a more meaningful recovery. In that case, XRP’s next upside targets would be around $1.29 and $1.36. From its current price of $1.13, a move to $1.29 would represent a gain of approximately 14%, while a rally to $1.36 would imply a rise of about 20%.  While seemingly attainable, bearish market sentiment could hinder even such a modest move. 

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