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XRP Price: Falling Below $0.98 Could Delay The Next Rally By Months
Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.
XRP is still capped below $1.67 and appears to be sliding back toward a support zone between $1.10 and $1.37. One chart post says the token can keep following its bullish paths as long as that zone holds. CasiTrades said the $1.65 level has been rejected several times and that weak signals had been building for weeks. She says the last push higher is now off the table, with price sitting at the halfway point of its recent drop. Her next targets are $1.26 and then $1.10, and she believes RSI still looks very bearish, so the low may not be in yet. She treats $0.98 as the line that matters. A drop below it would cancel her new-trend view and bring $0.87 into play, which she says could delay a bigger rally by months. Holding $1.26 or $1.10 would strengthen the case that a new uptrend has started.
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