$XRP
🚨 Will XRP Price Make a comeback? 🚨
At the time of writing, the price of XRP was changing hands for $2.13, down by 0.6% in the past 24 hours. This price drawdown has seen the coin shed over 6% in the past week, despite maintaining a 7% uptick over the trailing 30-day period.
Amid the uncertainty ahead of the FOMC Meeting and its impact on risk on assets like Bitcoin and XRP, market analyst CasiTrades has issued a conservative outlook for the latter coin.
According to CasiTrades on X, the XRP price is building momentum for a potential breakout. While identifying support around $2.078 and $2 for the coin, she noted that this level has served as a pivot before now. In her opinion, the XRP Relative Strength Index (RSI) shows exhaustion on lower timeframes.
It is key to notify that price may first flush to $1.9 before making a sharp recovery. This serves as a good price level to pile up long bids.
Should these supports hold, the digital currency may break above $2.25, $2.68, and beyond if XRP whale sustains their buyups.