XRP Trades Near $1.30 as Traders Watch Bitcoin (BTC) Dominance

XRP traded near $1.30 Sunday, Oct. 18, after falling about 7% over seven days, putting the $1.30-$1.32 band in focus as traders weigh a possible Bitcoin-dominance breakout. A defense of that range could put $1.39 in view. A break from a descending channel could open a path toward $1.87, while a failed defense followed by continued weakness could bring $1.16 into focus. Each level is a conditional chart scenario, not a confirmed move. One chart scenario places XRP in a possible range between $1.30 and $1.60, with $1.24-$1.20 as a lower area of interest. That range is separate from the descending-channel breakout scenario. Earlier coverage examined XRP’s rebound from $1.30 . Bitcoin dominance compares Bitcoin’s market value with the value of the entire cryptocurrency market.

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