XRP is displaying considerable strength from its long-term support base. The token recently bounced off strong support levels and successfully broke through a short-term bearish channel that had been constraining price action. As long as this support holds firm, bullish momentum should continue to build. However, there's a critical inflection point ahead—if support breaks, selling pressure will likely resurface and potentially accelerate downside movement. The key question now: will this translate into a sustained breakout, or are we looking at another pullback before the next leg up? Traders should keep a close eye on support levels as they determine the next directional move for XRP.

XRP0,52%
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.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
LostBetweenChainsvip
· 11h ago
Support levels, I feel like it's just been a few days' thing. Once broken, it's all over. --- It's support levels and channels again. Basically, just betting it won't fall further. --- XRP's rebound this time is a bit interesting. Let's see how long it can hold. --- The moment it breaks, I will definitely run. Anyway, I don't want to get caught. --- Feels like this analysis is just repeating the same sentence, support levels, support levels... --- I just want to know when it can break through the previous high. Playing like this is too exhausting. --- I am optimistic about it, but I'm still a bit hesitant to put real money down. --- I've heard too much about breaking through channels, but it just ends up oscillating repeatedly. --- Breaking support levels is probably bad news. At that point, a bunch of people will cut their losses.
View OriginalReply0
FOMOSapienvip
· 19h ago
No matter how strong the support level is, it doesn't matter if we can't hold at 0.5; otherwise, it's just a false breakout.
View OriginalReply0
gaslight_gasfeezvip
· 22h ago
Support levels are not iron gates; saying it’s stable just because it seems stable? History tells us that the true test comes at the moment of breakdown.
View OriginalReply0
CoffeeOnChainvip
· 01-10 01:08
It feels like the support level can't be broken, and we're about to take off, but whether we can hold this time is the real question.
View OriginalReply0
MidnightMEVeatervip
· 01-10 01:07
Can you really trust such mystical support levels? I bet five bucks that next time it breaks, someone will shout "Buy the dip," and then get sandwich attacked and completely wiped out.
View OriginalReply0
MoonRocketmanvip
· 01-10 01:07
The support level hasn't been broken, which means the bulls still hold the steering wheel. The launch window has indeed arrived. What does XRP breaking through the upper Bollinger Band mean? You know, once the fuel supply is complete, just wait for escape velocity. The key is whether we can hold this gravitational resistance level; otherwise, a correction is inevitable... Never mind, I'll continue to add to my position. If the support level collapses, the RSI will directly fall out of the near-Earth orbit, and that's when it's truly a cut-loss moment. After breaking the neckline, the angle coefficient is maximized. The 1.618 Fibonacci ratio should be fine, but only if the market maker cooperates in the show.
View OriginalReply0
MidnightGenesisvip
· 01-10 01:03
On-chain data shows that the support level is indeed solid, but keep an eye on contract changes. The deployment wave from a couple of days ago was interesting. It’s worth noting that retests after breaking the downtrend channel are often traps; based on past experience, there might be another shakeout. From the code perspective, the probability of support level breakdown is low, but monitoring shows whales are acting abnormally, which is a bit strange. Late-night observations indicate that the trading volume is average; whether the breakout can be sustained depends on a few more candlesticks. My observation: This rebound is not as strong as expected; be cautious of the possibility of a reverse breakdown.
View OriginalReply0
GateUser-9ad11037vip
· 01-10 00:54
Support levels are like this... it means we need to wait a bit longer to see if it can really break through.
View OriginalReply0
ZkSnarkervip
· 01-10 00:51
ngl the "just watch the support" speech is giving vibes of "here's the thing about technical analysis" energy... like yeah, if it holds it goes up, if it doesn't it goes down, truly groundbreaking stuff. imagine if all of trading was just that simple though lol
Reply0
View More
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)