Yes

>>XRP’s bullish monthly supertrend remains intact as a $1.80‑$2 relief rally emerges.

XRP’s bullish monthly supertrend remains intact as a $1.80‑$2 relief rally emerges.

crypthub

about 16 hours ago

Technical Outlook

XRP’s Monthly Supertrend (MSS) remains bullish, but it only validates an uptrend above $2. A short‑term rally toward $1.80‑$2 is possible, yet any move below $2 faces resistance from prior support. Dense liquidation walls at $1.27‑$1.28 and $1.35‑$1.36 could trigger rapid price swings if breached.

Current Price Action

XRP is trading around $1.36, up about 3.8% in the last 24 hours. The rise mirrors the Nikkei 225 surge after news of a Strait of Hormuz ceasefire, showing macro influence on crypto flows. Institutional activity in Asia continues to support the altcoin’s momentum.

Market Catalysts

The ceasefire announcement sparked optimism, injecting potential volatility into XRP’s price. Asian institutional participation amplifies the impact of such geopolitical events. These factors may fuel brief relief rallies despite technical constraints.

Key Levels to Watch

Traders should monitor the $1.28‑$1.35 band, where liquidation walls sit. Breaking these zones could unleash high‑volume moves and set the next directional bias. A fully bullish outlook remains unconfirmed until the price sustains above $2.