$XRP
🚀 XRP bulls could rally if it closes above the $2.72 resistance 🚀
XRP price broke and closed above its 50-day EMA level at $2.26 on April 8 and rallied 21% until Tuesday. At the time of writing on Wednesday, it hovers at around $2.55.
If XRP continues its upward trend and closes above its daily resistance at $2.72, it could trigger a rally toward the psychological $3.00 barrier.
However, the RSI on the daily chart reads 66, rejecting from its overbought levels at 70 on Tuesday, indicating fading bullish momentum. The RSI must move above its current levels for the bullish momentum to be sustained.
