๐—ซ๐—ฅ๐—ฃ ๐—ง๐—ฟ๐—ถ๐—ด๐—ด๐—ฒ๐—ฟ๐˜€ ๐—•๐—ฟ๐—ฒ๐—ฎ๐—ธ๐—ผ๐˜‚๐˜ โ€” ๐—ก๐—ฒ๐˜…๐˜ ๐—ฆ๐˜๐—ผ๐—ฝ: $2.40 ๐—ฎ๐—ป๐—ฑ ๐—•๐—ฒ๐˜†๐—ผ๐—ป๐—ฑ?

XRP has finally cleared its key $2.35 resistance and is trading around $2.3827, gaining over 2% in the last 24 hours.

๐Ÿ”‘ Whatโ€™s Fueling XRP Now?

โœ… Regulatory clarity: Rippleโ€™s US license application and policy influence are boosting confidence, attracting institutional buyers.

โœ… Market momentum: XRP is riding the crypto marketโ€™s broader rebound, but itโ€™s outperforming peers with stronger legal footing.

โœ… Technical breakout: XRP has now broken the $2.35 barrier, a level traders have watched for weeks.

๐Ÿ“Š Key Levels To Watch

Immediate Resistance: $2.40 (psychological round number)

Next target zone: $2.44โ€“$2.50 if bulls stay in control

Current Support: $2.35โ€“$2.36 (previous breakout level now flipped to support)

Invalidation: Below $2.35 with strong selling volume โ†’ short-term trend at risk

โš™๏ธ Technical Signals

Trend: XRP remains in a healthy uptrend with higher highs and higher lows inside an ascending channel.

50 EMA: Around $2.29 โ†’ acts as dynamic support.

200 EMA: Around $2.25 โ†’ bulls want to keep price well above this line.

RSI: Around 70 โ†’ overbought zone means short pauses or small pullbacks are normal.

๐Ÿ—บ๏ธ What Traders Should Watch Next

โœ… If XRP holds above $2.35 and closes strong above $2.38, buyers could push for $2.44โ€“$2.50 next.

โš ๏ธ If XRP rejects near $2.40 with a clear reversal candle (like a long wick or bearish engulfing), watch for a healthy pullback toward $2.36โ€“$2.35 โ€” this is a reload zone for bulls.

๐Ÿšซ If XRP dumps below $2.35 with big sell volume, momentum may fade back toward the 50 EMA ($2.29) โ€” traders should consider cutting longs until a new base forms.

๐Ÿ“Œ Bottom Line

Rippleโ€™s clear legal moves and fresh breakout have bulls back in charge โ€” but holding the line above $2.35 is key. If momentum stays hot, $2.44โ€“$2.50 is the next short-term target zone.

#xrp

$XRP