Signs of a possible reversal
The XRP price continues to trend lower despite Ripple CEO Brad Garlinghouse’s growing optimism about the crypto market’s long-term trajectory.
Although sentiment across the market remains fragile, both on-chain data and technical indicators hint that this weakness could be temporary.
Summary
- XRP price is under pressure, trading near $1.91, despite Ripple CEO Brad Garlinghouse’s optimism about the long-term crypto market and potential regulatory clarity.
- Technical analysis shows XRP forming a descending wedge, suggesting weakening bearish momentum and the possibility of a bullish reversal.
- Key support levels to watch are $1.90, $1.85, and $1.80, while a move above…
