XRP has clawed back from the recent gloom near support, confirming that bullish divergence was no fluke.
Daily Chart Whispers From The Shadows 🌑
Price still lingers inside a long descending channel, stuck below key moving averages and the upper line. Recent action however shows real momentum building after lower lows paired with higher RSI readings. The rebound from the 1.02-1.06 zone pushed XRP straight toward supply between 1.17 and 1.24 where sellers once ruled.
RSI crossed above center line giving extra fuel for any upside continuation yet the larger structure stays cautious until price reclaims the channel top.
4-Hour Tension At The Trendline 🕯️
On shorter timeframes XRP broke free from the tight 1.02-1.06 range with force and now presses directly into descending resistance from mid June. A clean break here could unlock the 1.21-1.29 supply area while failure risks a slide back toward that same demand pocket.
Bulls hold the short term edge as long as the 1.02-1.06 floor stays intact but any decisive move above the trendline will decide if this recovery turns into something deeper.
Just another echo from the void by iconofsin.eth 💖
