XRP is currently consolidating between a clear resistance level and multiple support levels. Its next move depends on whether the bulls can break through the resistance or if the bears will force the price down. If the price can effectively break through the resistance, it indicates that the upward momentum has strengthened; conversely, if it fails to break through, the market focus will shift to whether the main support level and lower support levels can prevent further pullback. As long as the key lower support levels within the multi-year range hold, the overall bullish structure can remain intact.
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XRP is currently consolidating between a clear resistance level and multiple support levels. Its next move depends on whether the bulls can break through the resistance or if the bears will force the price down. If the price can effectively break through the resistance, it indicates that the upward momentum has strengthened; conversely, if it fails to break through, the market focus will shift to whether the main support level and lower support levels can prevent further pullback. As long as the key lower support levels within the multi-year range hold, the overall bullish structure can remain intact.