I noticed that the XRP price is now at a critical turning point. The price is hovering around $1.43, and analysts are divided between those expecting a test of lower support at $0.80 and others seeing a strong breakout toward higher levels.



Weekly charts show that XRP is moving within a long-term ascending channel. Some analysts say that the price may first retest the lower support — which has historically occurred before major bullish waves. The idea is that after a consolidation phase, the market needs to confirm support before launching.

On the other hand, there are analyses comparing XRP's current structure to the pattern from 2017 — when the coin surged strongly after testing certain levels. If the scenario repeats, we could see targets reaching $50-70 in the long term, with intermediate levels around $21.

The symmetrical triangle formed on the chart reflects a state of uncertainty — XRP's price is confined between resistance and support. Any clear bullish breakout above the local resistance could give a strong signal. But if the breakout fails, support at $0.80 is the red line that must not be broken.

The current situation is more about pressure than collapse — the market is gathering energy. The key is to monitor volume and momentum. If buying strength returns, we may see a decisive move. But so far, XRP's price has not confirmed the trend definitively.
XRP0,63%
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