๐ XRP Showing Strength โ Bulls Eye Higher Targets
XRP is holding steady above $2.950 and showing signs of momentum. If it maintains this level, the next key test could be the $3.120 zone.
๐ Current Highlights:
Trading above $2.950 and the 100-hour SMA
Rising channel forming with resistance near $3.120
Support zones: $2.990 and $2.920
Unlike BTC and ETH, XRP stayed strong after clearing $2.850, moving past $2.920 and $3.00. Bulls pushed to $3.126, but sellers were active at $3.120. Now, price is consolidating above key supports.
๐ฅ Bullish Scenario:
Breakout above $3.120 could drive XRP toward $3.150, then $3.20
Strong resistance expected near $3.250
โ ๏ธ Bearish Scenario:
Rejection at $3.120 could send price back to $2.990 or $2.950
A drop below $2.950 risks falling under $2.920, with deeper support near $2.8620
๐ Indicators:
MACD: staying bullish
RSI: holding above 50
Key Levels to Watch:
โ Support: $2.990, $2.920
โ Resistance: $3.120, $3.150, $3.250
#XRP #XRPCommunity ๐๐ฅ