2026-04-09 04:56:57

#GateSquareAprilPostingChallenge $XRP ‌ is trading around $1.33, having tested the critical 1h Bollinger lower band support at $1.3200. The recent price range shows a high near $1.39 and a low at $1.32, indicating moderate volatility and a retest of key support levels.

The 1h downtrend persists as XRP remains below the EMA25 ($1.3479). A reclaim of this level is needed for bullish confirmation. On the 4h chart, momentum is fading and XRP is range-bound; a break below $1.3200 could target the next support at $1.3050.

Volume is declining, which may suggest selling exhaustion. However, MACD remains negative on lower timeframes, indicating that bearish momentum is still present but weakening.

XRP-3.39%

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