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XRP Analyst Marks $1.30 as Resistance After Support Break

In a Nov. 9 post, JD called $1.30 former support turned resistance and flagged lower lows on XRP’s two-day chart.

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A silver token sits below a red acrylic bar / TokenPost.ai
A silver token sits below a red acrylic bar / TokenPost.ai

Crypto analyst JD says bears remain in control of XRP (XRP) until the token breaks $1.30 resistance, a level JD described as former support on the two-day chart.

In a Nov. 9 post, JD described a possible head-and-shoulders pattern as “not a textbook H&S,” saying its right shoulder was much lower than its left.

JD also flagged lower lows on the two-day chart and wrote, “Former support at $1.30 now resistance.” JD’s post said bears were in control until resistance breaks.

The levels differ from an earlier XRP chart analysis, which identified $1.26 as support and $0.98 as a deeper downside level.

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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