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XRP struggles at $1.31, resistance threatens move to $1.35

XRP struggles at $1.31, resistance threatens move to $1.35

Photo: CoinTurk News

XRP is testing the $1.31 level as buyers attempt to drive a breakout from a short-term downtrend. The cryptocurrency has faced persistent resistance and softening order-book demand, complicating its near-term outlook. After hitting resistance around $1.50 earlier in October, XRP experienced a steady decline. Historical data from CoinGecko recorded the token closing at $1.29 on October 17, slipping from $1.41 reached just six days prior. On October 16, XRP failed to maintain a position above $1.31 but rebounded from a $1.29 wick following a wave of overnight buying.

Source: CoinTurk News

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