XRP is trading at approximately $2.80, with an intraday high of $2.82 and a low of $2.69.
In mid-January 2025, XRP reached an all-time high of $3.02, with analysts suggesting a potential rise to $4.40 based on Fibonacci extension patterns.
Currently, XRP is consolidating between $2.6 and $2.9, with declining volume indicating potential for a breakout. Support is solid between $2.2 and $2.4, with $2.9 as the next major resistance. A breakout above $2.9 with strong volume could renew the uptrend.
Oscillators present mixed signals, with the Relative Strength Index (RSI) at 64.83, suggesting neutral momentum. Moving averages maintain a bullish bias across both short and long-term periods.
Given these indicators, XRP may experience increased volatility in the next 24 hours. A decisive move above $2.9 could signal further gains, while a drop below $2.2 might indicate bearish momentum.
Please note that cryptocurrency markets are highly volatile, and past performance is not indicative of future results. Always conduct thorough research and consider your risk tolerance before making investment decisions.