XRP's recent technical analysis:
1. Current Price & Trend: XRP is trading around $2.18, showing a slight 2.1% daily drop but a 24.2% rise over the past two weeks, suggesting strong bullish momentum.
2. Support & Resistance: Key levels to watch:
Support: $2.18, $2.14, $2.08
Resistance: $2.28, $2.34, $2.38
3. Short-Term Outlook: Analysts predict XRP may reach $2.42 by April 29, 2025, driven by growing demand and positive market sentiment.
4. Long-Term Potential: With a target range of $33-$50, XRP could outperform the broader market as it gains more adoption.
5. Market Sentiment: The Fear & Greed Index is at 63 (Greed), indicating optimistic investor sentiment, which could support continued upward movement.
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