XRP tests golden pocket support after a 15% weekly drop
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
According to a report by Bijie Network: This week, the price of XRP dropped nearly 15%, stabilizing near the "golden pocket" support zone between $1.53 and $1.60. Trader CasiTrades pointed out that this aligns with the Elliott Wave Theory trend, indicating that the downside has been exhausted and the price may rebound to $1.78 or $1.93. However, to break the bearish structure and avoid deeper downside risks, the price of XRP must decisively reclaim the $2.03 level.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Trip.com Q2 Adjusted Earnings, Revenue Rise; Shares Rise Pre-Bell
MT newswire•2026/09/16 08:28
Norwegian Krone: Norges Bank weighs inflation and growth – Commerzbank
FXStreet•2026/09/16 08:24
Banco Santander Wins UK Appeal Over Payment Protection Insurance Mis-Selling Bill
MT newswire•2026/09/16 08:24
Apollo Leads $585 Million Financing For Asia/Middle East Office Provider
MT newswire•2026/09/16 08:23
Crypto prices
MoreBitcoin
BTC
$75,404.45
-1.89%
Ethereum
ETH
$2,388.58
-3.35%
Tether USDt
USDT
$0.9992
-0.05%
BNB
BNB
$704.46
-1.61%
XRP
XRP
$1.28
-7.90%
USDC
USDC
$0.9998
-0.01%
Solana
SOL
$96.58
-3.70%
TRON
TRX
$0.3349
-0.80%
Zcash
ZEC
$1,177.38
+3.21%
Hyperliquid
HYPE
$77.17
-1.90%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now