22/09/2025
× $XRP executed a liquidity grab below key support before staging a sharp reversal, creating a classic false breakdown that has shifted market sentiment. The price action is now consolidating within a tightening channel structure, suggesting accumulation by buyers following the failed breakdown attempt. Maintaining support above the 2.80 level remains crucial to prevent further downside and validate the recovery narrative.
Sustained buying pressure from current levels could drive momentum toward the 3.20 resistance target.
