Price is moving sideways after a sharp selloff, showing a classic stabilization phase near a reaction zone.
Bullish Outlook If buyers keep defending the current base, a slow rotation toward the nearest resistance area becomes possible. A clean series of higher lows would be the first signal of strengthening momentum. Holding above the short-term flip zone keeps this scenario valid.
Bearish Outlook Failure to maintain support could invite another wave of selling pressure. Rejection from nearby resistance or a breakdown below the range floor would shift focus toward lower demand zones.
Context Momentum indicators remain neutral, reflecting indecision rather than clear dominance. The next directional move will likely come from a decisive break of the current range.
Patience around key levels often matters more than prediction.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$XRP Market Structure Update – XRPUSDT (1H View)
Price is moving sideways after a sharp selloff, showing a classic stabilization phase near a reaction zone.
Bullish Outlook
If buyers keep defending the current base, a slow rotation toward the nearest resistance area becomes possible. A clean series of higher lows would be the first signal of strengthening momentum. Holding above the short-term flip zone keeps this scenario valid.
Bearish Outlook
Failure to maintain support could invite another wave of selling pressure. Rejection from nearby resistance or a breakdown below the range floor would shift focus toward lower demand zones.
Context
Momentum indicators remain neutral, reflecting indecision rather than clear dominance. The next directional move will likely come from a decisive break of the current range.
Patience around key levels often matters more than prediction.
Personal market observation, not financial advice. Always manage your own risk and decisions.#GateSquare$50KRedPacketGiveaway