On a more local timeframe, XRP is effectively trapped within a very tight corridor that is generating significant market chop. A floor of support defines this immediate range at $1.28 and a ceiling of resistance at $1.39.
A critical pivot point to watch is the $1.28 local support. CasiTrades suggests that if this level fails to hold, the market should expect a swift continuation toward the deeper macro supports mentioned previously. Until then, the current environment remains a test of discipline, with the analyst maintaining that the broader plan is simply waiting for the inevitable breakout.
Bullish Divergence Indicates Momentum ShiftAccording to JD, a confirmed breakout from the falling wedge, particularly if supported by a surge in volume, could act as a strong catalyst for upside expansion. In that scenario, price is expected to move toward the updated green box target zone, where significant profit-taking is planned, similar to the move toward $3.37.
