I just checked the XRP charts and things look pretty complicated right now. The price of XRP is pressing against a fairly fragile support at $1.28, and honestly, if it drops below that, it could get ugly. Analysts have been warning about this for a while, so it's no surprise. What catches my attention is that XRP is caught between two forces: below, that support I mentioned, and above, a pretty strong resistance band that has stopped rebounds several times.



Looking at the 4-hour chart, the price is forming an increasingly tight triangle. The highs are getting lower, the lows are holding, and that typically means something is going to explode soon. If XRP's price drops below $1.28, we'll probably see more selling pressure. But if it holds, it might attempt another move toward the resistance. For now, that level is the one to watch.

What worries me more is how XRP looks against Bitcoin. The XRP/BTC pair is at an important support, but the rebound looks weak, without conviction. That generally means buyers are not very confident. If that level also gives way, things could get tougher. So, XRP's price prediction heavily depends on whether these supports hold or not in the upcoming candles. We need to watch carefully.
XRP-0.41%
BTC-0.78%
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