Is Sky The Limit for Ripple’s (XRP) Upcoming Price Moves? (Analyst)
No Resistance Ahead?
Until this time last week, analysts indicated that $2 is crucial support in XRP’s future price performance, while noting that a surge past the resistance at $2.26 could become pivotal in reaffirming the asset’s bull run restart.
Such a price surge indeed transpired several days ago and the third-largest non-stablecoin cryptocurrency has remained above the latter ever since. Although it was stoppedon its way to $2.7yesterday, it still trades above $2.5 now and is among thefew altcoins in the greentoday.
According to Martinez, there’s only clear sky ahead for XRP. In a recent post, the analyst with nearly 140,000 followers on X indicated that “on-chain data shows XRP has no major resistance clusters ahead.” On the other hand, the zone around $2.38 has become a key support level.