$XRP Uptrend?

Analyzing this chart, we can observe that the price is above the Exponential Moving Averages (EMAs) of 7, 25, and 99 periods, which indicates a price appreciation.

However, the RSI at 74.39 suggests that the asset may be overbought, which could lead to a correction, considering that the recent high of 2.4400 may act as resistance, and the area around 2.3224 as support.

If the buying strength continues, XRP may test 2.4400 again and seek higher levels, as the RSI indicates overbought conditions, a slight correction or consolidation may occur before further advances.

Monitoring the volume and the next movements of the EMAs will be essential.

Have a great weekend everyone!