Ripple’s native cross-border token is trading near a zone that could shape its next move. After pulling back from early January highs of $2.40, the price is retesting a key resistance area. Market participants are now watching whether XRP breaks higher or resumes its decline.
Price Tests Key Resistance at $1.97
At press time, XRP is trading around $1.89 and is testing a descending trendline that had acted as support before the recent breakdown. This trendline, now turned resistance, aligns with the $1.97 level. A move above this area may shift the short-term structure, opening the door for further upside.
According to analysis from More Crypto Online, the current bounce has brought XRP back to this technical zone. If the price pushes through and holds above $1.97, the correction may “become far more complex.” A rejection at this level would support a bearish outlook.
$XRP
The price is now retesting the yellow trendlines from below. Key spot here. $1.965 is the next resistance ab
We współpracy z: https://cryptopotato.com/ripple-reversal-ahead-xrp-faces-major-test/
