XRP Price Eyes Major Move as $1.03–$1.15 Range Tightens
TLDR
- XRP trades near the key $1.06 support level as its daily triangle pattern tightens.
- Bulls must defend the $1.03 to $1.06 zone to limit further downside risk.
- A daily close above $1.15 with strong volume could confirm a bullish breakout.
- XRP futures volume fell 4.36%, while open interest remained almost unchanged.
- CryptoQuant data showed leverage near a six-month low as traders reduced risk.
XRP price trades near $1.06 as buyers and sellers wait for a clear move from a tightening symmetrical triangle. The current XRP price prediction depends on whether bulls can protect support between $1.03 and $1.06.
The token faces resistance between $1.12 and $1.15. A daily close above that range, backed by stronger volume, could support a bullish breakout. A close below $1.03 could expose XRP to deeper losses.
XRP Price Prediction Tracks Triangle Breakout
The daily chart shows XRP moving close to the triangle’s tip. This setup often leads to a sharp move when price breaks either boundary. Traders are watching volume for confirmation.
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