Markets· ★★· neutral·

XRP Holds Near $1.59 After Pullback, $1.53 Support in Focus

  • —XRP near $1.59, up about 6% over 24 hours
  • —First retest at 23.6% Fibonacci level near $1.53
  • —$1.40-$1.43 zone holds 38.2% Fibonacci and rising trendline
  • —Whales accumulated over 470 million XRP worth $724 million in five days
Why it matters: Holding $1.53 keeps the $1.70 high in play, while a break lower would weaken the channel-break structure.
Source: Coindoo