XRP Rebound Stalls Near $1.42 as Corrective Pattern Persists

XRP’s rebound paused near $1.42 as selling pressure returned below the $1.43–$1.45 resistance area, leaving the token within a short-term corrective pattern. The token recently fell from the $1.61–$1.70 resistance zone and slipped below its earlier $1.48–$1.50 consolidation range. The decline briefly reached about $1.32 before buyers responded, with subsequent trading stabilizing near $1.40. On the daily chart, the $1.25–$1.32 demand zone remains important. The area overlaps with the 100-day moving average near $1.265 and the 200-day average near $1.281. The 100-day average is rising toward the 200-day average from below, but a crossover has not been confirmed.

Source: TokenPost