BTC $62,611.00 ▼ 0.84% ETH $1,842.98 ▼ 1.31% USDT $0.9990 ▼ 0.02% BNB $585.88 ▲ 0.47% XRP $1.07 ▼ 1.00% SOL $72.50 ▼ 0.99% DOGE $0.0694 ▼ 0.82% SHIB $0.00000484 ▼ 2.91% PEPE $0.00000284 ▼ 1.78% BTC $62,611.00 ▼ 0.84% ETH $1,842.98 ▼ 1.31% USDT $0.9990 ▼ 0.02% BNB $585.88 ▲ 0.47% XRP $1.07 ▼ 1.00% SOL $72.50 ▼ 0.99% DOGE $0.0694 ▼ 0.82% SHIB $0.00000484 ▼ 2.91% PEPE $0.00000284 ▼ 1.78%
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Piyasa Stablecoin

XRP: local squeeze with $1.2013 destination

XRP: local squeeze with $1.2013 destination

XRP / US Dollar COINBASE:XRPUSD

The Macro Picture 🗺️
XRP unwound from the $1.5501 macro ceiling into a summer range and now sits at $1.0664, holding above the $1.0072 macro floor. Price is coiling in the lower half of the range with the floor intact — a base rebuilding, not a breakdown.

The Setup ⚙️

The Range Floor 🟢
$1.0072 (Macro Support) is the demand base the range pivots on. It has held on retest through July, and that's the floor a recovery would build from.

The Decision Point 🔴
$1.1832 (Local High) is the gate. A daily close above it flips the local structure bullish and opens the path to the $1.2013 measured-move target.

The Roadmap 🛣️
Hold above $1.0072 → break $1.1832 → run toward $1.2013. Invalidation is a clean daily close below $1.0072 — that breaks the range.

This is a GRID Range Play: a defined band to rotate, buying the lower half and scaling out into the breakout.

#XRP #Ripple #crypto #trading #TA #3Commas #GRID

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