XRP ($XRP )
XRP failed to maintain the upward momentum shown earlier this week, dropping from 3.10 to 2.90. It is currently trading sideways at 2.96. Technical indicators are approaching neutral territory.
The Relative Strength Index (RSI) is at 50, indicating potential for an upward breakout. In terms of on-chain activity, there has been no significant increase in large transfers on the network, suggesting that large investors are adopting a wait-and-see approach. The psychological resistance level at 3.00 remains strong.
If the closing price is above this level, the first target is 3.25, followed by 3.50. As for downside risks, support levels at 2.88 and 2.75 are prominent.
Keep an eye on: SUI MYX DOGE XRP ETH ENA
