XRP: Still has a lot of homework to do!
Hello traders,
Here’s a quick update on XRP on the daily timeframe chart.
XRP is holding above the 21 MA support and is making its way toward the resistance zone between $2.5 and $2.7. This resistance is a major hurdle for XRP, and once it successfully breaks above it, the price is likely to attempt a move toward its all-time high once again.
The battle at the resistance level will be interesting, and based on the analysis, there is a significant chance of rejection.
I hope you found this update helpful. Support me with a like, share, and follow!
Regards,
Dexter
