Zach Humphries Says His $1.15 XRP Support Call Has Failed

Crypto analyst Zach Humphries acknowledged that his $1.15 support level for XRP had failed and outlined lower price areas he is watching after five consecutive weekly declines. Humphries wrote in a Nov. 8 post, “I was wrong. I admit it.” He had treated $1.15 as support and described $1.27 to $1.32 as a potential short-term swing target before XRP fell below the level. He now sees $1.11 as a possible base, with $1.07 and $1.05 as additional support areas if $1.11 fails. Humphries connected $1.07 to a price XRP traded at in November 2021 and discussed its historical significance on the monthly chart. Humphries cited NVIDIA’s decline, uncertainty around AI-related trading, interest rates and an upcoming inflation report as factors weighing on markets.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TokenPost.