\u00a0“Let me make it very simple. Over $1.45 aream things can move very fast. Acceptance above, not just peaking,” the commentator said.\u00a0<\/p>\n
The magic price level<\/h2>\n For months, the $1.40 to $1.45 region has acted as an extremely dense resistance zone.\u00a0<\/p>\n
This area is packed with historical trading activity. Millions of tokens changed hands here, which has created a thick ceiling of supply.<\/p>\nXRP\/USDT<\/figcaption><\/figure>\n\n
You Might Also Like<\/p>\n
\n
<\/div>\n<\/p><\/div>\n<\/p><\/div>\n
At the same time, there is a massive gap in the volume profile stretching all the way up to the $1.80 region. Very little historical trading has taken place in this gap, so there is virtually no structural resistance.<\/p>\n
If XRP simply wicks above $1.45 and immediately falls back down (peaking), the breakout fails. However, if the daily candles begin closing and consolidating above $1.45, XRP enters the aforementioned “void.” Low liquidity will make it possible for the price to move upward all the way toward the next resistance.\u00a0<\/p>\n
Waking up from slumber<\/h2>\n As of now, the XRP token is finally waking up from a multi-month slumber. following a steep decline from highs above $2.30 late last year.\u00a0<\/p>\n
XRP has been trapped in a choppy accumulation phase since the February bottom. The bulls have repeatedly faced harsh rejections every time it approached the $1.45 to $1.50 ceiling.<\/p>\n
Now, XRP is decisively punching through the $1.45 resistance line.\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
The magic price level Waking up from slumber XRP, one of the leading cryptocurrencies by market cap, has\u00a0managed to decouple from the broader market in a blow to those who expected the controversial Ripple-linked token to keep languishing against Bitcoin (BTC) and other leading altcoins.\u00a0 The digital asset, which keeps attracting headlines due to new […]<\/p>\n","protected":false},"author":2,"featured_media":426959,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-426958","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/426958","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=426958"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/426958\/revisions"}],"predecessor-version":[{"id":426960,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/426958\/revisions\/426960"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/426959"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=426958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=426958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=426958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"Title](\"https:\/\/u.today\/sites\/default\/files\/styles\/300\/public\/node-76492.jpg\")
<\/div>\n<\/p><\/div>\n<\/p><\/div>\n