Add as a preferred source on GoogleCrypto Michael Sets $1.34 as XRP's Key Breakout Threshold
His chart shows XRP in a steeper descending channel, with the lower boundary projected near $1.22. A late-October test near $1.34-$1.35 reversed.
Crypto Michael marked $1.34 as the level XRP (XRP) must clear for a possible next advance, while his Oct. 29 chart also leaves room for a pullback to $1.22.
“XRP needs to break $1.34 to activate the next leg up,” Crypto Michael (@MichaelXBT) wrote in a post on X. He also described a final dip to $1.22 as possible.
The chart traces an earlier rise to $1.68, followed by a decline inside a descending channel. XRP moved above that formation in late September and reached $1.65 before turning lower again. Crypto Michael's chart places the newer, steeper channel's upper boundary near $1.34 and its lower projection around $1.22.
A late-October attempt to reach $1.34-$1.35 reversed. TokenPost previously covered an XRP setup in which a break below $1.25 could put $0.80 in view.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.