XRP at $1.33: bearish structure holds until $1.3726 breakout
- —XRP trades near $1.33 with volume above $2.48 billion
- —The two-week RSI fell to 33.5 - the lowest in 13 years of history
- —Resistance: $1.3325-1.3585; bearish scenario invalidation - $1.3726
- —Downside targets on a pullback: $1.2450, $1.20 and $1.10
Why it matters: A break above $1.3726 would bring the $1.4961 high back into focus, while rejection at resistance keeps the risk of a drop to $1.10 alive.
Source: The Crypto Basic