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XRP Drops to $1.30 Monthly Supertrend Support—Can It Hold?
⬤ XRP just landed in a make-or-break zone on the long-term chart. The asset is now sitting right on top of its Bullish Monthly Supertrend indicator near $1.30—a level it recently broke above and is now revisiting.
⬤ Looking back at the chart, XRP has bounced hard off this Supertrend before. Every time price came back down to test it in the past, it sparked strong rallies. Now we’re seeing the same setup play out again after a pullback from higher levels.
⬤ Price is currently hovering in the $1.30 to $1.33 zone, which lines up perfectly with that green support band on the chart. This looks almost identical to earlier cycles where XRP used this exact level as a launchpad before pushing higher.
⬤ The Monthly Supertrend around $1.30 is now the line in the sand. How XRP responds here could set the tone for where it heads next—either a bounce back into bullish territory or a breakdown that shifts the entire market structure.