Usman Salis
⬤ XRP just hit a critical decision point on the weekly chart after dropping into a well-defined demand zone. The price has fallen back into a blue support area that's held strong before, and now it's stabilizing right there. Everyone's watching to see if this level holds and whether XRP can climb back above its Ichimoku base.
⬤ On the weekly timeframe, XRP is hugging the lower edge of the Ichimoku structure, pushing against the base line after weeks of sliding down. The candles in this demand zone show selling has cooled off a bit, and buyers are stepping in to defend the area. The Ichimoku cloud up ahead looks uncertain though—XRP isn't trending clearly yet, it's basically sitting at a crossroads.
⬤ From a technical standpoint, this is a make-or-break zone. If XRP can stay above this demand area and close a weekly candle above the Ichimoku base, that'd be bullish and open the door to higher resistance levels. But if it fails here, we're probably looking at a deeper drop below the current range. Right now it's stuck in contested territory—not breaking out anywhere yet.
⬤ This matters because XRP is at the kind of level that usually comes before big moves. A strong weekly close above support would confirm the bleeding has stopped, while a breakdown could shake confidence across the broader altcoin market. With price squeezed into this major technical zone, the next weekly close is going to be huge for figuring out where XRP heads next.
Usman Salis
