Analysis of XRP charts: key levels to keep in mind.
XRP shows a strong recovery during the session, marking a clear upward trend. Throughout the day, the token recorded increasingly higher lows and highs, indicating a sustained positive movement. The key moment came when it surpassed the $2.19 barrier, accompanied by a notable increase in trading volume.
▶️ Resistances to keep in mind:✨
🔸$2.26: the first barrier for the price, representing the highest level of the current day.
🔸$2.31: if it surpasses the previous resistance, XRP will face this level, which is the peak from May 29.
🔸$2.47: probably the strongest resistance, whose overcoming would demonstrate that the price is ready for greater advances.
▶️ Supports to consider:✨
🔸$2.19: the first support, representing the daily low. It is not the strongest line, but as the price rises, it will become more solid.
🔸$2.08: the most solid support level is found at this line, which also represents an important psychological level.
🔸$1.85: if the price loses the previous level, it could drop to this line.
Finally, the RSI at 70 points shows that the price of XRP is dominated by the bulls, and it is feasible that more increases may occur in the short term.
