VWAPs Don’t Lie—XRP Faces Judgment Day At Monthly Support
XRP is approaching the lower boundary of a five-month trading range, with a daily chart indicating a maintained higher-time-frame structure. The analysis utilizes three anchored Volume-Weighted Average Prices (VWAPs) as dynamic support and resistance levels. The quarterly VWAP is at $2.2796, which rejected price last week, while the monthly VWAP is at $2.0574, with XRP currently hovering above it. The yearly VWAP stands at $1.8731, serving as a significant structural foothold after an April 7 price bottom. The market has ranged between $1.94 and $2.05 since early December, and the current retreat is viewed as a healthy retest of this support zone. A decisive close below this range would indicate a bearish bias. XRP remains strong compared to other large-cap altcoins despite temporary weakness against Bitcoin dominance. Key focus points include defending the $2.00 level and the monthly VWAP's potential to flip from resistance to support. XRP traded at $2.20 at press time.
