XRP resistance levels: Where do we stand now?
XRP is currently holding at 2.28 USD, after reaching a daily high of 2.29 USD and a daily low of 2.13 USD. But which resistance levels are crucial now?
Important XRP resistances
🔹 2.25 USD – A first small resistance according to pivot points. Here, XRP could bounce back in the short term.
🔹 2.77 USD – The 0.618 Fibonacci retracement, a massive level for traders!
🔹 3.44 USD – A major target according to long-term forecasts for 2025. If XRP breaks through this, it will get really hot!
What does this mean for traders?
💰 Breakout traders: Waiting for a clear breakout above 2.77 USD to trade the next run.
📉 Short sellers: Watching the 2.25 USD mark to take advantage of possible bounces for shorts.
⚡ Grid bots: Work optimally in this area with wide buying and selling zones.
🔥 Stay tuned and don't miss any XRP opportunity
👉 Like & share this post if you hold XRP!
👉 Follow us for daily Binance trading updates! 🚀