Will XRP Finally Break Out of This Range? Key Levels Every Trader Needs to Watch

XRP closed in the red during six of the past seven daily trading sessions, as weakness across the broader crypto market continued to weigh on prices.

Over the past 24 hours, XRP dropped 2.1%. Trading volume rose 67.5% over the same period, signaling renewed selling pressure.

XRP’s price action has held up better than other top-five cryptocurrencies, with a year-to-date decline of just 1.9%.

In comparison, Solana (SOL) and Ethereum (ETH) have seen losses of 33.4% and 44.7%, respectively, over the same time frame.

Looking at the weekly chart, XRP has been consolidating since early January, when it approached its all-time high for the first time in seven years.

A bullish pennant pattern has emerged as a result. This pattern often signals a pause before a potential continuation of an upward trend, following XRP’s rally between November and January.

For long-term traders who anticipate a retest of XRP’s all-time high, the $1.80 area has served as support and may attract interest.

A bounce from this level could form a double-bottom structure, which would support a bullish outlook.

Meanwhile, a break above the $3.50 area could confirm the pennant’s bullish bias and potentially pave the way for a test of the $4 mark, which has yet to be reached.

On the daily chart, a broader area of support between $1.80 and $2 has helped cushion recent pullbacks. Buyers have repeatedly entered the market at these levels, supporting the price.

However, as with the weekly chart, momentum indicators suggest bearish pressure remains in play, making a retest of $1.80 likely.

However, as with the weekly chart, momentum indicators suggest bearish pressure remains in play, making a retest of $1.80 likely.

XRP has also formed two consecutive lower highs on this time frame, pointing to a continuation of the downtrend.

The MACD histogram shows negative momentum building, with sellers taking control over the weekend.

As long as XRP remains above $1.80, its long-term outlook could stay intact. But if that support breaks, the next significant level is around $1.30—implying a potential 28% downside from current prices.

Same as XRP, the best crypto presales of the year like MIND of Pepe (MIND) have been resilient to the market’s negative sentiment.

The project’s appeal is evidenced by the $8 million it has managed to raise in less than three months.

MIND of Pepe (MIND) is an ambitious AI project that leverages the popularity of the Pepe the Frog meme and combines it with artificial intelligence to take social media platforms like X by storm.

This AI agent is designed to engage in meaningful conversations with high-profile accounts to gain insights about the state of the crypto market that it will then pass on to investors to help them navigate these challenging conditions.

Once it has gained enough influence, MIND of Pepe can also launch its own memes to capture top social trends.

$MIND holders will get exclusive access to the private sales of these tokens to reap the highest returns once they are offered to the general public.

To buy $MIND, simply head to the MIND of Pepe website and connect your wallet (e.g. Best Wallet). You can either swap USDT or ETH for this token or use a bank card to make your investment.

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