XRP Poised for Potential Breakout: Can Bulls Reclaim Momentum?

XRP’s recent consolidation above the critical $2.50 support level has captured the attention of traders and investors alike. With long-term moving averages acting as a safety net, the cryptocurrency appears primed for a recovery—provided buyers regain their footing. A decisive breakout above $2.65 could ignite a rally toward the $2.80–$3.00 range, especially with neutral oscillators and the Moving Average Convergence Divergence (MACD) indicator flashing a buy signal. If broader market sentiment shifts positively, XRP may reclaim its upward trajectory, targeting previous resistance zones.

Bullish Outlook

Key Support: $2.50

Breakout Level: $2.65

Target Range: $2.80–$3.00

Indicators: MACD signaling buy, oscillators neutral

A sustained push above $2.65 could open the door for further upside, with bulls eyeing the psychological $3.00 mark. The convergence of technical indicators suggests that buyers are gaining strength, potentially fueling a renewed uptrend.

Bearish Perspective: Risks of a Deeper Pullback

While XRP holds above crucial support at $2.50, short-term moving averages and momentum indicators lean bearish, signaling potential downside risks. A breakdown below $2.50 would likely expose XRP

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