๐Ÿš€ $XRP Climbs 8% In a Week as Price Stays Range-Bound Between Key Levels

๐Ÿ“ˆ XRP has gained about 8% over the past seven days, following the launch of the first XRP ETF in Brazil. Despite positive momentum, XRP remains range-bound between $2.11 support and $2.30 resistance.

๐Ÿ“Š XRPโ€™s RSI rebounded to 58.36 from 47.34, signaling neutral-to-slightly-bullish sentiment. The asset still has room to climb without entering overbought territory, though momentum remains cautious.

โ˜๏ธ The Ichimoku Cloud shows XRP trading slightly above the cloud, with a green future cloud indicating a bullish bias. However, the tight Tenkan-sen and Kijun-sen lines suggest a fragile uptrend and possible consolidation.

๐Ÿ”ฎ XRPโ€™s short-term outlook remains uncertain. A break above $2.30 could reignite bullish momentum, while a drop below $2.11 support could push XRP down to $2.04.

โš ๏ธ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.