XRP Retests Key Trendline at $3.13: Will Bulls Seize the Opportunity for a Comeback?
The post XRP Retests Key Trendline at $3.13: Will Bulls Seize the Opportunity for a Comeback? appeared on BitcoinEthereumNews.com.
XRP is currently testing a critical trendline near $3.13 after dipping below $3.00. A close above $3.15 could signal a bullish reversal, while failure to hold could lead to further declines. XRP is testing its old trendline at $3.13 after slipping below it for the first time in weeks. Closing above $3.15 on the 4H chart could give bulls the upper hand again. Long wicks around key levels show intense battles between buyers and sellers. Stay updated on XRP’s price movements and potential ETF news that could impact the market. Join the conversation on en.coinotag.com! What is XRP’s Current Price Trend? XRP is currently retesting a crucial trendline at $3.13 after a recent dip below $3.00. This trendline has historically acted as a support level, and its current status will determine the next price movement for XRP. How Does XRP’s Trendline Impact Its Price? According to charts shared on X by cryptoesta, XRP’s 4-hour structure shows a sharp breakdown below an ascending trendline that has held since mid-July. Price fell to around $2.95 before rebounding toward $3.13, now sitting just above the former support. This movement forms a classic breakdown-retest scenario, where the reclaimed trendline could act as resistance. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Earlier, the same trendline had guided XRP higher from $2.60 to $3.60. Multiple bounces confirmed its importance. The August 13 breakdown marked…
