Jakarta, Pintu News – The price of Ripple (XRP) failed to maintain upward momentum after being rejected in the US$1.3550 area and is now back under pressure. With an exchange rate of 1 USD = IDR 16,997, this level is equivalent to around IDR 23,043. XRP is currently moving around US$1.32 or around Rp22,436, making the crypto and cryptocurrency markets monitor for a potential further correction.
XRP had risen to US$1.3566 before experiencing a correction. This level is equivalent to around Rp23,071. After failing to break the resistance, the price began to fall.
The drop brought XRP below US$1.34. The zone is around IDR 22,776. The technical structure turned short-term bearish.
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The first resistance is at US$1.3250. This level is equivalent to around IDR 22,524. This zone is the initial resistance.
The next resistance is at US$1.3380 to US$1.3550. The area is equivalent to IDR 22,744 to IDR 23,043. A break above this zone opens up an upside opportunity.

Initial support is at US$1.3080. The value is around IDR 22,236. This area is a short-term defense.
The next support is at US$1.30. This level is equivalent to IDR 22,096. A break below it increases downside risk.
If US$1.30 is broken, the next target is US$1.2880. The value is around IDR 21,895. The decline could continue.
The next support is at US$1.2620 to US$1.250. The area is around IDR 21,448 to IDR 21,246. This is a deeper correction zone.
The last support is at US$1.2350. This level is equivalent to around IDR 20,995. If broken, the downtrend may continue.
The momentum of the technical indicators also weakened. RSI is below 50. MACD is showing bearish pressure.
If XRP breaks US$1.3550, the price could head towards US$1.38. This level is around IDR 23,456. Bullish momentum could return.
The next target is at US$1.40 to US$1.425. The area is around IDR23,795 to IDR24,216. But it requires big volume.
Ripple (XRP) is in a crucial short-term zone. A break below IDR22,096 opens the risk of a correction. Conversely, a breakout above IDR23,043 changes the trend.
You need to monitor key support and resistance. The cryptocurrency market is still volatile. Fast movements could happen in the near future.
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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.