Add as a preferred source on GoogleXRP at $1.29 in Oct. 17 Snapshot as $0.80 Scenario Depends on $1.25 Break
Two rejections near $1.65 to $1.70 form a possible double top; a recovery into $1.40 to $1.50 would improve the chart setup.
A technical chart scenario says a break below $1.25 could put $0.80 in view, while an Oct. 17 price snapshot showed XRP (XRP) still above that level at $1.29.
At 2:07 p.m. ET (18:07 UTC), XRP was about $0.04 above $1.25. The support break tied to the lower projection had not occurred in that snapshot.
The chart pattern marks two rejections near $1.65 to $1.70 as a possible double top. It also identifies a recovery into the $1.40 to $1.50 range as a development that would improve the setup.
The $0.80 level remains a conditional projection in the scenario. The snapshot captures XRP above the stated support level, with the recovery range still ahead of the quoted price.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.