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XRP Trades Near $1.30 Inside Weekly Support Zone Below $1.50

The weekly chart places support at $1.2193 to $1.3408 and marks $2.0863 and $2.3197 as higher resistance levels.

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A silver chart line rests within a translucent amber band / TokenPost.ai
A silver chart line rests within a translucent amber band / TokenPost.ai

XRP traded near $1.30 at 11:39 a.m. ET (15:39 UTC) Oct. 19, inside a proposed weekly support zone from $1.2193 to $1.3408, with $1.50 to $1.70 marking the chart’s first recovery area.

The asset traded between $1.26 and $1.32 over the preceding 24 hours. At the time of the price check, it remained below the top of the proposed support band and the $1.50 to $1.70 range.

The weekly chart marks $2.0863 and $2.3197 as higher resistance levels beyond that range. Those are conditional chart estimates, not guaranteed future prices. A move into the intermediate range would still leave both higher levels ahead.

XRP’s UTC daily close was $1.50 on Oct. 6 and $1.31 on Oct. 18. The Oct. 18 close fell within the proposed weekly support zone. An earlier look at XRP’s near-term levels examined support around $1.25 and resistance near $1.65 to $1.70.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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