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XRP is moving slightly around $1.33 today, and buyers are the main factor continuously trying to defend the key support level around $1.35. After dropping from $1.36 yesterday, this token is now in a fairly tight consolidation phase, with traders focused on whether this support can hold or will break further down.
From technical data, there was a spike in volume when the price briefly dropped to $1.347 this morning, but buyers immediately took the opportunity to buy at that level. They successfully pushed the price back to the $1.35–$1.36 area, forming a somewhat positive double bottom pattern for the short-term timeframe. Although the overall trend remains weak, demand at this support level is still active.
Looking ahead, all eyes are on whether $1.35 can hold or will break down. If it holds, XRP might attempt a rebound to resistance at $1.36–$1.37 and potentially continue to $1.40. But if it breaks below $1.35, the next support is in the $1.30–$1.32 zone. Volume is still relatively low, so a big move could happen suddenly once liquidity builds up in this range.